Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Sainsbury’s to Merge with Asda

Today's fast-moving fashion industry demands an agile, consumer-led retail model, but how do you get there? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

The U.K. supermarket landscape is poised for a shakeup. On Monday, Sainsbury’s announced plans to merge with Asda, a wholly owned subsidiary of Walmart. Under the proposed deal, Walmart would control 42 percent and receive 2.97 billion pounds ($4.1 billion), which values Asda at 7.3 billion pounds ($10 billion). Walmart is also expected to receive…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands