Where next for Asda and Sainsbury’s?
CMA block merger > Extensive competition concerns Supermarkets: Over 500 stores overlap – c.50% of the supermarket portfolio Disposals unlikely to address concerns – neither suitable purchaser nor a package of assets could be found Discounters not an effective alternative to one-stop supermarkets Online: Only three operators (Tesco, Sainsbury’s, Asda) has national presence via store pick … Read more