Dec 6, 2018 | News, Retailing
The supermarket giant Tesco has said that the proposed merger of Sainsbury’s and Asda should not go ahead unless ‘extensive remedies’ are provided as a result of the move. The remarks from Tesco were made during a hearing with the Competition and Markets Authority...
Nov 21, 2018 | News, Retailing
The proposed merger of Sainsbury’s and Asda could lead to increased pressure on farmers and reduce the variety of products available for the shopper, according to the National Farmers’ Union (NFU). NFU head of food and farming Philip Hambling has told the...
Nov 16, 2018 | News, Retailing
Asda saw its sixth consecutive quarter of positive growth over the weeks from 1st July to 30th September, according to Kantar Worldpanel data. Over the period, the supermarket posted a 2.0% increase in like-for-like sales in the quarter, making it its sixth...
Oct 18, 2018 | News, Retailing
The Competition and Markets Authority (CMA) has released an ‘Issues Statement’ about the key areas it expects to closely examine regarding the Sainsbury’s/Asda merge. The statement confirms that the investigation will now include Aldi and Lidl. The CMA says it will...
Oct 1, 2018 | News, Retailing
The merger of Sainsbury’s and Asda could damage supermarket competition in 463 areas, the competition watchdog has warned. The Competition and Markets Authority (CMA) believes there could be a ‘substantial lessening of competition’ if they were ‘insufficiently...