Asda

Amazon could buy Morrisons amid upbeat results

It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger,…

Read More »

Sainsbury’s and Asda could be forced to sell more than 70 stores

Sainsbury’s and Asda may have to sell at least 73 stores in order for the merger to go ahead according…

Read More »

Sainsbury’s singing CEO takes £1.8m from share awards

Sainsbury’s CEO Mike Coupe has snapped up £1.8m in share awards following the company’s merger with Asda. Coupe also sold…

Read More »

Asda-Sainsbury’s merger fears voiced by industry bodies

Trade bodies and environmental groups fear the proposed merger of Asda and Sainsbury’s will further squeeze UK food producers and…

Read More »

Retail M&A grows by 15%

A study by law firm RPC shows retail mergers and acquisitions have grown by 15% over the past year. While…

Read More »

Asda-Sainsbury’s merger: Committees pen letter fearing ‘dominance’

The Environment, Food and Rural Affairs (EFRA) and Department for Business, Energy and Industrial Strategy (BEIS) Committees have written a…

Read More »

Sainsbury’s group sales up 9% but statutory profit plummets

Sainsbury’s has posted its preliminary results for the 52 weeks to 10 March in which its group like-for-like sales increased…

Read More »

Sainsbury’s boss sings ‘We’re in the Money’ before TV interview

The CEO of Sainsbury’s and one of it’s largest shareholders, Mike Coupe, was recorded singing ‘We’re in the Money’ while…

Read More »

Sainsbury’s and Asda £13bn merger to leapfrog Tesco

Supermarket giant Asda has agreed to a proposed merger with Sainsbury’s, worth £13bn. Sainsbury’s CEO Mike Coupe said no stores…

Read More »

Plastic packaging pact signed by 42 UK firms

Some 42 UK firms including all of the big five supermarkets (Asda, Sainsbury’s,Tesco, Morrisons and Lidl) have signed a pact…

Read More »