Sainsbury’s failed Asda deal cost £46m

Sainsbury’s failed Asda deal cost £46m

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...
Sainsbury’s launches the first till-free store

Sainsbury’s launches the first till-free store

The experiment will put SmartShop Scan, Pay & Go technology to the test in a bespoke food-to-go store, making grocery shopping quicker and more convenient. Customer feedback from the experiment will help Sainsbury’s develop the SmartShop Scan, Pay & Go app...
Sainsbury’s and Asda merger blocked

Sainsbury’s and Asda merger blocked

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...