Tag: Sainsbury
UK: Sainsbury and Asda will deal price cuts to save merger
Sainsbury and Asda will provide a more specific commitment to cut prices as part of their response to the Competition and Markets Authority’s provisional...
UK: Sainsbury believes regulator erred
According to a report from Bloomberg, Sainsbury and Asda are arguing that officials got their math wrong and were duped about a rival’s intentions.
Sainsbury...
UK: Watchdog delays final report on Sainsbury’s-Asda merger
The Competition and Markets Authority (CMA) announced it had decided to delay the publication of its report to give it enough time to “reach...
UK: Iceland wants Sainsbury’s and Asda merger sales
Frozen food chain Iceland is considering bidding for any stores Sainsbury’s and Asda are required to sell in order to obtain regulatory clearance for...
UK: Sainsbury’s Holiday Sales Fall
Sainsbury’s Christmas sales fell more than analysts expected as price-conscious UK shoppers turned to discounters for their turkey and stocking stuffers.
The supermarket chain became...
UK: Sainsbury’s and Asda challenge CMA over merger probe
Sainsbury's and Asda are seeking to take the competition watchdog to a judicial review - saying they have not been given enough time to...
UK: Probe could force Sainsbury to halt Asda merger
Sainsbury's boss has warned that regulators could force Britain’s second-largest supermarket to pull out of its proposed merger with rival Asda.
Last month, the Competition...
UK: Court sends credit card fee dispute to Competition Tribunal
The UK’s Court of Appeal ruled Wednesday, July 4, that a fight between UK retailers and credit card companies over fees has to be...
UK: MPs to question Sainsbury’s and Asda CEOs
Asda and Sainsbury's chief executives will be brought before MPs on June 20 to answer questions on how the proposed landmark merger between the...
UK: MPs seek answers from regulator on Sainsbury’s/Asda probe
British lawmakers said on Thursday, May 3, they were seeking information from Britain’s competition regulator regarding concerns over Sainsbury’s’ proposed £7.3 billion (US$9.9 billion)...