Image default
Europe Latest News Retail News Supermarkets

Morrisons is the last to speak out against “Sainsda”

Many voices have raised earlier against the merge of the biggest second and third supermarket retailers in the UK, they all had their own reasons to prevent this new giant “Monster” from standing on its feet. the supermarket retailer Morrisons becomes the last to speak out against this merger, they claimed that prices will “soar” due to the possible “duopoly” that may happen between Tesco and the new foundation “Sainsda”.

a spokesperson of Morrisons stated: “The creation of this duopoly could mean that Tesco and the merged entity would potentially increase their delivery charges in order to make their businesses more profitable, given the lack of competition in some parts of the UK.”

Sainsbury’s and Asda from their side have denied this claim, assuring that conversely there might be possible price reductions, the firms said in a joined statement:  “By bringing the two businesses together, we will be able to invest further in more convenient ways of shopping while lowering prices and reducing the cost of living for millions of UK households.”

 

Related posts

IMPACT OF UNHEALTHY FOOD REQUIRES TOBACCO-STYLE RESPONSE, SAY GLOBAL CONSUMER AND HEALTH EXPERTS

admin

Cooperative supermarkets arrive in France

admin

Carrefour Awarded by RH&M Group

admin