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...
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,...
May 1, 2018 | News, Retailing
The latest grocery market share figures from Kantar Worldpanel reveal a market share of 15.9% and 15.5% for Sainsbury’s and Asda respectively, indicating potential for major change in the grocery market when the merger takes place. Talks between Sainsbury’s and Asda...
Apr 30, 2018 | News, Retailing
Discussions between supermarkets Sainsbury’s and Asda on merging the two businesses were announced over the weekend and today the news has been confirmed – along with the proposal of lower priced products. Sainsbury’s chief executive, Mike Coupe, told the BBC...
Apr 29, 2018 | News, Retailing
Talks between major supermarket chains Asda and Sainsbury’s are at an advanced stage with the two brands expected to be retained should a merger go ahead. Sainsbury’s and Asda are the second and third largest supermarkets in the UK behind Tesco. The new combined...
