{"id":7707,"date":"2018-04-28T10:00:18","date_gmt":"2018-04-28T14:00:18","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=25427d5fd91e06caed764b73fc0630b5"},"modified":"2018-04-28T10:00:18","modified_gmt":"2018-04-28T14:00:18","slug":"sainsburys-in-merger-talks-with-walmarts-british-unit","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/28\/sainsburys-in-merger-talks-with-walmarts-british-unit\/","title":{"rendered":"Sainsbury\u2019s in merger talks with Walmart\u2019s British unit"},"content":{"rendered":"<p>LONDON &#8212; U.K. grocery chain Sainsbury&#8217;s has confirmed it is in advanced discussions about a merger with Walmart Inc.&#8217;s British unit, Asda.<\/p>\n<p>The combination would create Britain&#8217;s largest supermarket chain, moving the merged company ahead of market leader Tesco. J Sainsbury plc, the chain&#8217;s corporate name, released no other information on Saturday and said it would make an announcement before the London stock market opens on Monday.<\/p>\n<p>The move underscores the intense competition in Britain&#8217;s grocery market as discounters like Asda take market share from traditional chains such as Sainsbury&#8217;s and Tesco.<\/p>\n<p>Kantar Worldpanel, a retail research firm, puts Tesco&#8217;s market share at 27.6 per cent, followed by Sainsbury&#8217;s at 15.8 per cent and Asda at 15.6 per cent.<\/p>\n<p>The merger was first reported Saturday by Sky News.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON &mdash; U.K. grocery chain Sainsbury&rsquo;s has confirmed it is in advanced discussions about a merger with Walmart Inc.&rsquo;s British unit, Asda. The combination would create Britain&rsquo;s largest supermarket chain, moving the merged company ahead of market leader Tesco. J Sainsbury plc, the chain&rsquo;s corporate name, released no other information on Saturday and said it [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7707"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7707"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7707\/revisions"}],"predecessor-version":[{"id":7711,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7707\/revisions\/7711"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}