Britain’s second and third biggest supermarket chains Sainsbury’s and Walmart-owned Asda have agreed to merge, the pair said Monday, creating a £13-billion ($18-billion, 15-billion-euro) retail king that would leapfrog Tesco.
Britain’s second and third biggest supermarket chains Sainsbury’s and Walmart-owned Asda have agreed to merge, the pair said Monday, creating a £13-billion ($18-billion, 15-billion-euro) retail king that would leapfrog Tesco.