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Old 14-04-2019, 01:48 PM #1
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arista arista is online now
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arista arista is online now
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Join Date: May 2006
Posts: 184,398
Default AsdaWalmart overtakes Sainsbury's to become second largest supermarket

Of Course Sainsbury's have now merged
Argos stores into loads of their
Supermarket Larger Stores.

[Asda has overtaken Sainsbury's to
become the UK's second-largest supermarket,
figures suggest.
Asda's sales rose 0.1% in the
12 weeks to 24 March taking its
market share to 15.4%,
research firm Kantar said.
In contrast, Sainsbury's sales fell 1.8%
over the same period, meaning
its market share dropped to 15.3%.
The two supermarket groups are
currently struggling to persuade the
UK competition watchdog to allow
their proposed £7bn merger to go ahead.

The duo have argued that the tie-up will
save them £1.6bn and allow them to
pass on £1bn in price cuts to savers.
They have also agreed to sell
between 125 and 150 supermarkets
and a number of convenience stores
if allowed to merge.]


https://www.bbc.co.uk/news/business-...eporting-story


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