Asda And Sainsburys To Merge

[murraymints]

just heard on radio..ASDA and Sainsburys are in talks to merge in a bid to beat the German competition... hmmmmmm......don't like the sound of that myself...

[ToraToraTora]

will they be Asburys or Sainsda?

[Baldric]

Asdaburys does have a certain ring to it ;o)

[rockyracoon]

I hope that means that Asda will become more like Sainsburys, and not the other way round.

[NoMercy]

Anything that drives down prices is welcome in my book.

[emmie]

surely not, why would two totally separate successful outlets merge.

[Islay]

They apparently will keep their own brands

[10ClarionSt]

I've no doubt that we'll be told it's in the best interests of the customers; more competitive, lower prices etc but someone will probably make a lot of money out of it. And I bet it aint you and me!

[Baldric]

https://www.bloomberg.com/news/articles/2018-04-28/sainsbury-is-said-to-consider-buying-asda-from-walmart

[emmie]

no indeed, i shop at Sainsburys because i prefer their goods.

[Cloverjo]

I hope not. Asda is bearable. I can't stand Sainsbury's.

[jambutty]

Not looking forward to this, I far prefer Asda.

[Deskdiary]

Hope they do keep as separate brands. On the rare occasion I have been to Asda it is a fire hazard with a sea of fat chavs clad in velour and polyester, whereas Sainsbury's attracts a better class of person.

Me? A snob?

[dunnitall]

Crazy IMO...why would they? They have different clientele and there's a price difference. I prefer Asda for service and price though when I could shop I occasionally went to S'burys. What happens to Argos then as S'burys took them over.... Hmmm not a good idea in my way thinking.

[pastafreak]

I've only ever been in ASDA about 3 times. That was enough. I'm a Sainsbury's girl. If they merged...and changed...I'd spend more time with the Germans.

[pastafreak]

Er...what happened to Argos?

[gingejbee]

"successful outlets"? Well, Asda isn't doing that well at all...losing market share to both Lidl and Aldi....

[murraymints]

some Argos stores are within Sainsburys now..most up here are still the same though

[vulcan42]

From the article.
"While the exact terms of the transaction couldn’t be immediately learned, Walmart could retain a significant stake in the combined entity, according to people familiar with the situation."
Would this suggest Walmart is interested in acquiring Sainsburys eventually?

[pastafreak]

Yes, I know. We had 2 very close to each other. One moved into the superstore about a mile outside the city.