Tag Archives: Asda

Sainsbury’s ceo comments on CMA decision to block Sainsbury’s/Asda merger

The Competition and Markets Authority (CMA) has today (Thursday April 25) published its Final Report on the proposed merger of Sainsbury’s and Asda, resulting in prohibition of the merger. As a result, Sainsbury’s and Asda have mutually agreed to terminate the transaction. Sainsbury’s ceo Mike Coupe said: “The specific reason …

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CMA blocks merger between Sainsbury’s and Asda

The Competition and Markets Authority (CMA) has blocked the proposed merger of the Sainsbury and Asda supermarket chains. The CMA’s final report, published today (Thursday April 25)  said that ‘UK shoppers and motorists would be worse off if Sainsbury’s and Asda – two of the country’s largest supermarkets – were …

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George at Asda to sell products made from recycled plastic bottles and clothing as part of new sustainability pledge

George, the fashion and homewares arm of the supermarket chain Asda, will for the first time sell products made from recycled plastic bottles and clothing, as part of a commitment to use only polyester that is sourced from recycled materials by 2025. The products launching in the retailer’s Spring/Summer 2019 …

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Asda prepares for Easter heatwave

With temperatures set to rise to highs of 25 degrees this weekend, it seems flags will be cracking as well as eggs this Easter. Although the supermarket chain expects to see high sales of chocolate and lamb legs this weekend, it is also predicting increased sales of 60% on BBQ …

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BHETA and knife suppliers back ‘responsible retailing’ campaign

The British Home Enhancement Trade Association (BHETA)’s consultative meeting with UK kitchen knife suppliers on March 25 reached a consensus to back a proactive industry-wide ‘responsible retailing’ campaign. Leading kitchen knife suppliers including Taylor’s Eye Witness, Amefa, Fiskars, George East (housewares), Kuhn Rikon and Robert Welch Designs met BHETA housewares …

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Sainsbury’s and Asda commit to £1bn of grocery savings and fuel cap

Sainsbury’s and Asda have recently submitted to the Competition and Markets Authority (CMA) their responses to the CMA’s Provisional Findings and Notice of Proposed Remedies. In a joint statement, the supermarket chains said: ‘Sainsbury’s and Asda strongly disagree with the CMA’s Provisional Findings and have found the CMA’s analysis of …

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Update on Poundland’s knife campaign

Discount chain Poundland has issued a statement saying that it ‘welcomes Asda’s announcement that they’ll join us in banning the sale of kitchen knives’. However, the discount chain adds, ‘we think other big retailers could join us’. On March 8 the supermarket multiple Asda announced it will remove single kitchen …

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Asda meets 2018 promise to remove 6500 tonnes of own-brand plastic packaging

Asda has announced that it has removed 6500 tonnes of plastic from its own-brand packaging since February 2018. The supermarket chain said the milestone marks ‘a significant step’ towards its ongoing commitment to reducing the amount of plastic used in product packaging. Asda has reduced plastic in almost 1,000 individual product …

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Asda removes single kitchen knives from sale nationwide

Asda has announced that it will remove single kitchen knives from sale in all its stores by the end of April. The supermarket chain said the decision has been made in response to rising concerns about knife crime in the UK, particularly those involving children and young people. Asda senior …

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Which?’s position on CMA’s provisional findings into the Sainsbury’s/Asda merger

Alex Neill, managing director of consumer body Which? Home Services has issued a statement on the provisional findings of the CMA (Competition and Markets Authority) into the proposed merger between supermarket chains Sainsbury’s and Asda. Alex said: “The provisional findings of the CMA’s investigation into the merger between these supermarkets …

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