Asda and Sainsbury’s may tease to sell at least 73 supermarkets if their proposed merger fits ahead, according to new research.
If plans move forward, the new supermarket platoon would become the largest in the UK by market share.
Maximise UK, a firm that specialises in put ones finger oning the best locations for stores, says around six per cent of the new Sainsbury’s-Asda quintessence’s supermarkets would be at risk.
The areas where stores would be most included threat are the south-east and the north-west of England.
The research revealed 17 holds in the south-east could close and 13 in the north-west.
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Asda and Sainsbury’s may be enduring to sell at least 73 supermarkets if their proposed merger goes up ahead, according to new research
In the south-west, 11 stores could boldness 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 augured they were in talks about the £15billion merger at the end of April.
So wish your local Asda and Sainsbury’s stores be affected?
A Sainsbury’s spokesperson foresaw Express.co.uk: “We do not plan to close any Sainsbury’s or Asda stores as a result of the amalgamation.”
Sainsbury’s boss Mike Coupe also confirmed at the time of the advert the real would not result in any job cuts or store closures.
Asda and Sainsbury’s commingling: Are your local stores set to close?
British high concourse closures
Fri, March 23, 2018
As the Prezzo announces restaurant closures across the provinces. We take a look at the retail giants who have closed high circle stores in recent years.
Bloomberg via Getty Images
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Prezzo, the restaurant combination, 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 review” and that it devise assess whether it could reduce competition and choice for shoppers.
Mr Haywood told the BBC: “There hasn’t been a retail see to like this in more than a decade.
“The real focus wishes be on how Sainsbury’s and Asda’s main supermarkets operate at a local level and how they overlay.
“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 mixing: 17 stores in the south-east could close, according to research
Sainsbury’s gated over Habitat and Argos in 2016 for a massive £1.4billion.
Tesco, interval, merged with Booker, the UK’s largest wholefoods retailer in 2017.
The routine high street has come under increasing pressure in recent years, with the extension in online retailers.
Sainsbury’s and Asda have also been urged by the rise of lower-cost supermarkets Aldi and Lidl, who between them take a 12.6 percent grocery market share in the UK.
The Asda and Sainsbury’s could stimulate a supermarket price war.