LONDON -- The U.K. market is entering a period of consolidation among some of its smaller players, who are increasingly being squeezed by the strength of Tesco, J. Sainsbury and Asda. The first changes came as the retailers Kwik Save, Prestatyn, England, and Somerfield, Bristol, England, agreed in February to a $1.99 billion (1.2 billion pound) merger to create a business with sales of more than $10 billion (6 billion pounds) and about 1,500 stores. Their combined market share would match ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.