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...
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...
Dec 12, 2018 | News, Retailing
Sainsbury plc and Asda Group Ltd has confirmed they will lodge an application with the Competition Appeal Tribunal for a Judicial Review of the Competition and Markets Authority (CMA) Phase Two investigation into their proposed merger. In explaining its position,...
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...
