Asda and Sainsbury’s may deceive to sell at least 73 supermarkets if their proposed merger scrutinizes ahead, according to new research.
If plans move forward, the new supermarket gathering would become the largest in the UK by market share.
Maximise UK, a firm that specialises in marking the best locations for stores, says around six per cent of the new Sainsbury’s-Asda real nature’s supermarkets would be at risk.
The areas where stores would be ton under threat are the south-east and the north-west of England.
The research revealed 17 believe ins in the south-east could close and 13 in the north-west.
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Asda and Sainsbury’s may possess to sell at least 73 supermarkets if their proposed merger obtains ahead, according to new research
In the south-west, 11 stores could acknowledge closure, 9 in Yorkshire, 8 in the west-midlands, five in the north, three in the east midlands, three in Scotland, two in East Anglia and two in Wales.
The supermarkets presaged they were in talks about the £15billion merger at the end of April.
So choose your local Asda and Sainsbury’s stores be affected?
A Sainsbury’s spokesperson heralded Express.co.uk: “We do not plan to close any Sainsbury’s or Asda stores as a result of the syndicate.”
Sainsbury’s boss Mike Coupe also confirmed at the time of the advertisement the real would not result in any job cuts or store closures.
Asda and Sainsbury’s blending: Are your local stores set to close?
British high in someones bailiwick closures
Fri, March 23, 2018
As the Prezzo announces restaurant closures across the native land. We take a look at the retail giants who have closed high road stores in recent years.
Bloomberg via Getty Images
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Prezzo, the restaurant course, is shutting 92 branches across the UK
Asda and Sainsbury’s preceded plans for the merger back in April
The merger is facing scrutiny by the Match and Markets Authority (CMA) who have said the deal is “likely to be subject to comment” and that it would assess whether it could reduce competition and appropriate for shoppers.
Mr Haywood told the BBC: “There hasn’t been a retail handle like this in more than a decade.
“The real focus choose be on how Sainsbury’s and Asda’s main supermarkets operate at a local level and how they overlie.
“The CMA will be concerned about whether the deal reduces the number of jousting brands within a 10 or 15 minute drive time.”
Asda and Sainsbury’s fusion: 17 stores in the south-east could close, according to research
Sainsbury’s deflated over Habitat and Argos in 2016 for a massive £1.4billion.
Tesco, in the meanwhile, merged with Booker, the UK’s largest wholefoods retailer in 2017.
The habitual high street has come under increasing pressure in recent years, with the progress in online retailers.
Sainsbury’s and Asda have also been packed by the rise of lower-cost supermarkets Aldi and Lidl, who between them be enduring a 12.6 percent grocery market share in the UK.
The Asda and Sainsbury’s could inspirit a supermarket price war.