Investigation launched for Sainsbury’s/Asda merger

Investigation launched for Sainsbury’s/Asda merger

Aug 21, 2018 | News, Retailing

The formal investigation into the Sainsbury’s/Asda merger by the Competition and Markets Authority (CMA) has now begun, following speculation that hundreds of stores are set to close. Since the announcement of the merger on 30th April, the CMA has been gathering the...
CIPS director hits out at Sainsbury’s/Asda merger

CIPS director hits out at Sainsbury’s/Asda merger

Jun 21, 2018 | News, Retailing

Following the Department for Environment, Food and Rural Affairs Committee on 19th June, which is questioning both Sainsbury’s and Asda on their proposed merger, Duncan Brock, group director at the Chartered Institute of Procurement & Supply (CIPS) has raised...
Asda like-for-like sales increased by 0.5%

Asda like-for-like sales increased by 0.5%

Jun 5, 2018 | News, Retailing

Supermarket Asda has published its annual Statutory Accounts for the financial year to 31st December 2017. The accounts for Asda Group Limited, which includes the financial activities of all Asda stores, distribution centres and online, show that in the last financial...
Investigation launched for Sainsbury’s/Asda merger

Could Sainsbury’s/Asda merger cause 73 store closures?

May 11, 2018 | News, Retailing

A retail expert has suggested to the BBC that the Sainsbury’s/Asda merger could potentially see 73 stores close down. David Haywood, founder of Maximise UK, an expert in identifying the best locations for stores, told the BBC he estimates that around 6%, or around 73,...