Sainsbury's must accept its Asda merger has been canned

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Chief executive Mike Coupe’s strategy shows he is lost in the retail jungle and lacks a Plan B

 

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He can always kick can down the road (puns intended)

Good

So no huge pay out for Sainsbury’s boss... that’s good ASDA owners WALMART will now sell to a VC and exit UK is to small a back yard for them.

He's a wanted man in Egypt it seems...

They’ve been told to BOGOF

I'm sure they'll listen to the bleeding guardian 🤣🤣🤣

Either that or someone has bottled it! 😶

Quite right so.

Predictable and predicted. Questions will be asked of the board and the advisors.

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 /  🏆 84. in RU

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Asda and Sainsbury's merger could push up food prices and reduce qualityA potential option to address the concerns could include forcing the chains to sell off a 'significant' number of stores.
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Sainsbury's vows to fight on after watchdog throws Asda merger into doubtSainsbury's has vowed to fight on to clinch its takeover of Asda despite a damning report from the competition watchdog throwing the multibillion-pound merger into doubt.
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Sainsbury's and Asda merger could be blocked over fears it could push up prices for customersA PLANNED merger between Asda and Sainsbury’s could be stopped over fears it will push up prices of food and fuel for customers. An investigation by the competitions watchdog revealed serious…
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