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The UK toy retail chain, The Entertainer is moving into the supermarket giant, Asda, as part of the grocer’s ‘test and learn’ partnership strategy. The move will see The Entertainer turn the toy aisles of five of Asda’s UK stores into branded concessions from early next year. Under the terms …
Read More »Former Debenhams CEO and ex-Asda boss enter £6.5bn bidding war for the UK supermarket chain
The former CEO of Debenhams and the former Asda boss are going head-to-head in a £6.5bn private equity bidding war for the supermarket chain Asda. Formal bids are set to be tabled for the grocery retailer early next month. First reported by Sky News, it is the ex Debenhams CEO …
Read More »Sainsbury’s and Asda merger blocked by CMA
The Competition and Markets Authority, the UK’s competition watchdog, has blocked Sainsbury’s and Asda’s £10bn merger. The body blocked the move by the UK grocery giants after finding that it would lead to increased prices in stores, online and across petrol stations. The CMA said that it believed shoppers would …
Read More »Asda-Sainsbury’s merger to put squeeze on suppliers warn MPs
MPs from two parliamentary committees have called on a competition regulator to examine the merger's effect on suppliers.
Read More »Sainsbury’s and Asda merger confirmed to make an entity larger than Tesco
The deal between the UK’s second and third largest supermarket chains would create a new group with huge share of the market in food, clothing, household goods and toy retailing.
Read More »Aldi and Lidl outpace the Big Four in UK expansion race
The pair are pressing ahead with ambitious growth plans here in the UK, with a combined total of 128 planning applications having been submitted for new stores in 2017.
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