The UK retailing landscape just shifted.
Beset by competition from discounters and online encroachment from the likes of Amazon, Sainsbury chief Mike Coupe has decided that the best plan is to fight his way out of a corner. His rejected advance on Home Retail Group marks a shift in strategy for a profit-challenged industry that has mostly avoided consolidation as a means of growth.
“Sainsbury’s approach serves as a reminder of the weakness of UK...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team