May 2, 2019 | News, Retailing
Announcing its preliminary results for the 52 weeks to 9th March 2019, Sainsbury’s revealed that the recent collapse of its proposed merger with Asda cost the business £46 million. The multiple giant was dealt a major blow last week when the Competition and Mergers...
Apr 25, 2019 | News, Retailing
Responding to the announcement by the Competition and Mergers Authority that it will block the proposed merger of Sainsbury’s and Asda industry appears to approve its decision. FDF chief operating officer, Tim Rycroft said: “The CMA decision is the only logical...
Apr 25, 2019 | News, Retailing
The proposed merger between Sainsbury’s and Asda has been blocked outright by the Competitions and Markets Authority (CMA). The CMA’s judgement concludes the deal would be bad news for consumers. Stuart McIntosh, chair of the inquiry group, said: “It’s our...
Apr 2, 2019 | Chilled Foods, Frozen Foods, News, Retailing
The latest grocery market share figures, published from Kantar, show year-on-year supermarket sales growth of 1.4% during the 12 weeks to 24th March 2019. This year’s late Easter, and the fact that Mother’s Day falls outside the reported period, contributed to the...
Mar 20, 2019 | News, Retailing
J Sainsbury plc and Asda Group Limited has submitted its responses to the Competition and Markets Authority (CMA) Provisional Findings and Notice of Proposed Remedies document, stating it ‘strongly disagrees’ with the findings. Sainsbury’s and Asda say that both...
