Sainsbury's vows to cut prices but not stores after Asda merger

Sainsbury’s, Nine Elms, Vauxhall

The owners of Sainsbury’s and Asda have vowed to continue to operate their full estate of 2,800 stores across the UK having agreed terms for a merger deal.

The merger deal will see the combined Sainsbury’s-Asda overtake Tesco as the most valuable grocery retail firm in the UK with combined revenues of more than £50bn.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now