Sainsbury’s and Asda’s distribution networks could be a target for cuts if the proposed merger between the two supermarket giants goes ahead, a retail analyst warned this week. The merger agreement between J Sainsbury’s and Asda’s owner Walmart, would see both supermarket groups maintain their distinct brands, creating an estate of 2,800 Sainsbury’s and Asda stores, with almost a third of the grocery market by share. If the deal gets the go ahead from the Competition and Markets Authority it […]
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT.
Asda has said it anticipates saving a million litres of diesel a year from 50 new dual-fuel trucks it began taking delivery of last week.