Sainsburys

Sainsbury's To Detail Price Cuts To Try To Win Over Watchdog

Sainsbury's and Walmart's Asda will provide a more specific commitment to cut prices in response to a negative provisional view by Britain's competition wa...

With Asda Deal In Doubt, New Sainsbury's Chairman To Start Next Week

Sainsbury's new chairman Martin Scicluna will take up his role on Sunday, the company said on Friday, in the midst of its battle to salvage a $9.5 billion...

Sainsbury’s, Asda Reject CMA’s ‘Extensive’ Concerns Over Planned Merger

Britain's competition regulator said on Wednesday Sainsbury's planned $9.5 billion takeover of Walmart-owned Asda should either be blocked or require the s...

Asda Reports Slowdown In Rate Of Quarterly Sales Growth

Asda, the British supermarket arm of Walmart that has agreed to be acquired by rival Sainsbury's, reported a slowdown in the rate of underlying sales growt...

UK Regulator Extends Review Deadline For Sainsbury's/Asda Deal

Britain's competition regulator has extended the review period for Sainsbury's proposed £7.3 billion ($9.5 billion) takeover of rival supermarket gro...

Iceland Considering Bid For Sainsbury's/Asda Stores Post Merger

Frozen food retailer Iceland is reportedly considering bidding for any stores rivals Sainsbury’s and Asda may be required to sell in order to complet...

Sainsbury's-Asda Tie-Up Not A Done Deal Yet, Experts Warn

Shortly after last year's announcement of a $9.4 billion deal to combine the Sainsbury's supermarket group that he runs with rival Asda, boss Mike Coupe wa...