Retail news

• Sainsbury's must accept its Asda merger has been canned | Phillip Inman

  20-02-2019 19:53
  Chief executive Mike Coupe’s strategy shows he is lost in the retail jungle and lacks a plan BSainsbury’s boss Mike Coupe said he will keep banging the drum for its merger with Asda, despite a damning report from the competition regulator that effectively rules it out.It’s a strategy that shows Coupe is lost in the retail jungle without Asda holding his hand. It also reveals he lacks a plan B. Continue reading...
  
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• Sainsbury’s takeover of Asda hits the watchdog’s wall

  20-02-2019 19:29 via ft.com
  CMA’s tough stance on pricing concerns leaves £7.3bn supermarket deal on the brink
  
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• Sainsbury’s Asda deal is negative for consumers

  20-02-2019 19:23 via ft.com
  Competition watchdog is right to take a tough stance on the £7.3bn grocery merger
  
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• What are Brexit contingency plans for retailers and farmers?

  20-02-2019 17:13
  With fears over long delays, high trade tariffs and a lack of migrant workers, here’s what firms are doingWelsh farmers brace themselves for Brexit
  Irish milk firm fears ‘lights out’
  The UK food industry has begged the government to avoid a no-deal Brexit, warning it could lead to food shortages and price rises. Nearly a third of the food Britons eat comes from the EU.In March, when the UK is set to exit the trading bloc, the proportion is far higher because most British crops
  
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• Sainsbury's-Asda merger in doubt amid price rise concerns – as it happened

  20-02-2019 16:00
  Competition regulator finds merger could have an impact on choice and reduce qualitySainsbury’s-Asda merger in doubt over ‘extensive competition concerns’ 3.00pm GMT Andrew Tyrie was only appointed as head of the Competition and Markets Authority in April 2018, after retiring as an MP. He has already made his mark within 12 months, with a decision which could affect the lives of millions of Britons.The Sainsbury’s-Asda merger is not out for the count yet, but it is on the
  
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• Sainsbury’s/antitrust: Asdaburied

  20-02-2019 14:53 via ft.com
  Regulator could be right to block the deal but its judgment is based on technocratic voodoo
  
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• Sainsbury/antitrust: Asdaburied

  20-02-2019 14:53 via ft.com
  Regulator could be right to block the deal but its judgment is based on technocratic voodoo
  
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• January ONS retail stats: results reveal momentous boost for retail

  20-02-2019 12:08 via theretailbulletin.com
  "Investment in predictive technology, such as AI, and translating those learnings into meaningful outputs will ultimately drive brands forward in 2019"
  
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• Sainsbury's-Asda merger in doubt amid price rise concerns – business live

  20-02-2019 10:20
  Competition regulator finds merger could have an impact on choice and reduce qualitySainsbury’s-Asda merger in doubt over ‘extensive competition concerns’ 9.20am GMT Sainsbury’s angry reaction on Monday to the findings has not been welcomed.It comes after a rancorous competition investigation in which the supermarkets launched a pre-Christmas legal challenge against the CMA in an effort to gain extra time.
  We believe it is bordering on laughable for the Group to state; &l
  
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• UK regulator thwarts Sainsbury’s plans to acquire Asda

  20-02-2019 10:06 via ft.com
  Supermarket deal on the brink after CMA says tie-up could hurt competition
  
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• UK regulator thwarts Sainsbury’s deal to acquire Asda

  20-02-2019 10:06 via ft.com
  Regulator highlights concerns over ‘higher prices, reduced quality and choice’
  
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• Sainsbury’s deal to acquire Asda on the brink

  20-02-2019 10:06 via ft.com
  Regulator highlights concerns over ‘higher prices, reduced quality and choice’
  
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• CMA flags concerns over Sainsbury's and Asda merger

  20-02-2019 09:49 via theretailbulletin.com
  The Competition and Markets Authority’s inquiry group that is examining the proposed merger between Sainsbury’s and Asda has said that its provisional findings have led it to believe that the deal could lead to an increase in prices, a poorer shopping experience and a reduction in the range and quality of products offered.
  
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• Market Halls to open at Intu Lakeside

  20-02-2019 09:38 via theretailbulletin.com
  Shopping centre operator Intu has signed upmarket food hall business Market Halls for its £72 million leisure extension at Intu Lakeside.
  
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• Laura Ashley warns on full year results

  20-02-2019 09:38 via theretailbulletin.com
  Fashion and homewares retailer Laura Ashley has said it its full year performance is likely to be below market expectations following difficult trading conditions in its first half.
  
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• Sainsbury's-Asda merger in doubt over 'extensive competition concerns'

  20-02-2019 09:02
  Supermarkets will continue to press case after ‘fundamentally flawed’ CMA analysisThe merger between Sainsbury’s and Asda has been thrown into serious doubt after Britain’s competition watchdog raised a catalogue of concerns, including higher prices, reduced quality and choice for customers.In a provisional verdict on the planned £10bn merger, the Competition and Markets Authority said: “The CMA has provisionally found extensive competition concerns as part of
  
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• Laura Ashley warns on full-year results in ‘turbulent market’

  20-02-2019 08:58 via ft.com
  Homeware group reports sharp drops in furniture and decorating revenues
  
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• Trafford centre owner sees £1.4bn drop in property values

  20-02-2019 08:55 via ft.com
  Setback for Intu comes after two failed offers for the company and a steep share price drop
  
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• Intu hit by £1.4bn plunge in property values

  20-02-2019 08:55 via ft.com
  Setback comes after two failed offers and a steep share price drop
  
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• Asda-Sainsbury’s deal hit by watchdog concerns

  20-02-2019 08:35 via ft.com
  CMA says supermarket tie-up could cut competition in stores, online and fuel stations
  
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