Sainsbury and Asda to merge

Mnd

It has been reported that talks are underway for these 2 supermarket chains to merge.
Both brands will be retained




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Jojo_the_Tightfisted

Walmart is buying Sainsbury's?

Really?

Ames

So if the most expensive supermarket merges with the cheapest... doesn't that just make them Tesco?

pollypenny

Yea, gods! The nearest Asda to us is just raucous!

SuperMoose

Some info here:
http://www.bbc.co.uk/news/business-43933517

WillimS

Aldi is making all the main players nervous, buying up competition isn't the way forward, this Asda/Sainsbury merger will be paid for by the customer, with price rises paying all the fatcat pay offs and bonuses, typically ill thought out as usual.

Debbie_Savard

Will it be Sainsda or Asdburys?

Mrs_Arcanum

WillimS wrote: »

Aldi is making all the main players nervous, buying up competition isn't the way forward, this Asda/Sainsbury merger will be paid for by the customer, with price rises paying all the fatcat pay offs and bonuses, typically ill thought out as usual.

Our local Aldi is having a complete refurb starting tonight (closed for 5 days). Queues for the checkouts were horrendous.

Will be interesting to see how things change as there are few towns where these two are competing locally. However, where Asda & Sainsburys are competing, without there being a Tesco or Morrisons they could take the opportunity to snap up these stores, consequently, the merger actually reduces Asda/Sainsburys presence.

Jojo_the_Tightfisted

ASDA is mostly out of town, large stores (like Wal Mart, right up to and including the very strange people screeching across the aisles), whereas Sainsbury's started off with town centres, now going for the smaller size local stores with a few larger stores nearby.

A takeover would lead to Walmart monopolising both.



I think I'll stick to Waitrose, thanks.


ETA: apparently, Walmart are thinking off offloading ASDA. That doesn't sound particularly promising for UK investment. I wonder why, as ASDA was supposed to be their big leap out of the US?

Jackmydad

I don't particularly like Sainsburys or Asda.
No reason to think I'll like their offspring.

kpwll

Didn't Sainsburys buy Argos not so long ago?