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INX:WMT, Apr 25, 02:39 UTC

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UK regulator to give final verdict on Sainsbury's-Asda deal

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LONDON, April 25 (Reuters) - Britain's competition regulator will publish its final report on supermarket group Sainsbury's takeover of Walmart-owned rival Asda on Thursday, with most analysts and competition lawyers seeing little chance of the deal proceeding. Sainsbury's own share price - down 19 percent over the last three months - has also indicated an expectation that the Competition and Markets Authority (CMA) will either block the 7.3 billion pound ($9.5 billion) takeover outright or conditionally approve it subject to remedies that would be so severe as to make the deal unpalatable. Sainsbury's and Asda agreed last April to combine their businesses, aiming to overtake market leader Tesco. The implications of the deal failing are major. Some analysts believe Sainsbury's will have to undergo a major shake-up that could see new chairman Martin Scicluna part company with Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014. If one potential exit route from Britain for Walmart was blocked, the U.S. group might instead consider a stock market listing (IPO) of Asda or try to sell it to private equity.

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Sainsbury, Asda "very unlikely" to appeal UK regulator's verdict - FT

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Sainsbury, Asda "very unlikely" to appeal UK regulator's verdict - FT. April 24 (Reuters) - Sainsbury's and Asda, the British arm of U.S. retailer Walmart, are "very unlikely" to appeal against the verdict of Britain's regulator on their proposed merger, the Financial Times reported on Wednesday. A person with knowledge of the situation told the FT: "An appeal is still an option, but I would regard it as very unlikely." Britain's competition regulator will publish its final report on Sainsbury's proposed 7.3 billion pound ($9.43 billion) takeover of rival Asda on Thursday, with analysts and competition lawyers seeing little chance of the deal proceeding. ($1 = 0.77 pounds) (Reporting by Mekhla Raina in Bengaluru; Editing by Angus MacSwan).

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Walmart is getting into the Angus beef business

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The nation's largest grocer is creating its own end-to-end supply chain to sell no-hormone added Angus beef cuts in 500 Walmart stores across the southeast later this year. "Beef is an important purchase for our customer … it's likely the most expensive item on their plate and they are treating themselves when they buy it," said Scott Neal, senior vice president of meat, said in a press release. "Creating this supply chain allows us to treat our customers by giving them unprecedented quality and transparency." Walmart did not respond to a request for comment from CNBC. However, the new supply chain won't cover all of the retailer's beef needs.

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Walmart to create Angus beef supply chain

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(Reuters) - Walmart Inc said on Wednesday it would enter the U.S. beef industry by creating an end-to-end supply chain of Angus beef, as it looks to offer higher quality meat to customers in an intensely competitive grocery industry. The world's largest retailer said it had roped in several farmers to supply it with a selection of Angus beef cuts such as steaks and roasts to be sold in 500 Walmart stores across a number of states in the U.S. southeast. "As clean labels, traceability and transparency become more and more important to customers, we've made plans to enter into the beef industry," said Scott Neal, senior vice president, meat, Walmart U.S. Walmart's efforts to seek more control over its supply chain comes after it switched to selling high-grade Angus beef in 2017. A company spokeswoman said Walmart would offer its Angus beef products at similar prices to those sourced from its third-party suppliers.Tyson shares were down about 1 percent.

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Tuesday, April 23


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Amazon, Walmart in online grocery pilot in NY involving food stamps

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Amazon, Walmart in online grocery pilot in NY involving food stamps. The program will be expanded to several other states, giving Amazon a bigger shot at a lucrative $65 billion market now dominated by supermarkets and superstores such as Walmart. Food stamp recipients will be able to use online delivery services such as Amazon AMZN and Walmart WMT to buy groceries under a two-year pilot program that just launched in New York state. "As we expand participating areas throughout the life of the pilot, Amazon believes the program will dramatically increase access to food for more remote customers and help to mitigate the public health crisis of food deserts," Kristina Herrmann, an Amazon director in charge of the company's participation in the USDA pilot, wrote in a blog last week.

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Morrisons, Asda and Lidl are recalling these nine products urgently - Wales Online

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You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. The Food Standards Agency is alerting shoppers to a number of product recalls made by big supermarkets and brands. And it's not only those found at the above stores - there are some products sold in other shops, big and small, that you need to know about. One product has been removed from shelves amid salmonella fears, KentLive reports . Others contain ingredients not mentioned on the label. Cereal bars. Asda has taken the precautionary step of recalling its Cranberry and Nut Cereal Bars because the product might contain salmonella.

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Asda cereal bars salmonella warning

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'DO NOT EAT IT' - Asda cereal bars could contain salmonella. Asda has warned customers that its own brand cereal bars could contain salmonella. The supermarket is recalling its Cranberry and Nut Cereal Bars because they ‘might be contaminated’ with the dangerous bacteria. Symptoms caused by salmonella usually include fever, diarrhoea and abdominal cramps. Asda says it is ‘very sorry’ and is now recalling the product, and point of sale notices will be displayed in all stores that are selling it. “Instead, return it to the store from where it was bought for a full refund.”. What batches are affected? If you have bought a pack with a date code of September 2019, do not eat it. Asda quotes the barcode number as 505717208672. For more information, call Asda customer relations on 0800 952 0101. Sorry, an error occurred.

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Monday, April 22


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Walmart to host spring wellness event in Dayton-area

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latest headlines. Walmart to host spring wellness event in Dayton-area. Published: Monday, April 22, 2019 @ 6:06 PMBy: Breaking News Staff. DAYTON — Walmart will be hosting a free health screening event on Saturday, April 27 from 10:00 a.m. to 2 p.m. at all Dayton-area stores. Other services and information offered include:. Free total cholesterol, blood pressure, blood glucose, and BMI screenings. Free consultations with pharmacists to help answer important health questions. Free vision screenings in select locations. Low-cost immunizations by health professional. Nutrition information. Opioid awareness materials. Walmart hosts quarterly wellness events in stores across the country as part of the overall commitment to making quality healthcare more affordable and accessible. Since 2014, Walmart has conducted over 3 million free screenings.

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Once feuding, Walmart and optometrists see eye to eye on new bill

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She holds a bachelor's degree in English with an emphasis in creative writing from Colorado State University and a Master of Arts degree in journalism from the University of Colorado, Boulder. When she's not reporting, she enjoys spending time with her husband and three cats. An optometry office in Duncan, Okla. A bill allowing optometrists to practice in big-box stores like Walmart is quietly making its way through the state legislature. Oklahoma and Rhode Island are currently the only two states that ban the sale of glasses and contacts outside of non-medical settings and bar optometrists from setting up shop in large retail stores. The constitutional measure would have allowed Oklahoma optometrists to open clinics in large retail stores as well as the sale of eyewear. But last year, state optometrists were vehemently opposed to a section of the state question which would have allowed optometrists sign a contract with a retailer like Walmart limiting their scope of practice — the procedures and services an optometrist is allowed to perform under their state license, including laser eye surgery.

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Easter Monday 2019 opening times for Tesco, Asda, Sainsbury's and more - Wales Online

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By clicking “Accept” below, you agree to us doing so. You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. It's the last day of the four-day Easter weekend. But today is a bank holiday, and there can be some confusion over supermarket opening times. The smaller Tesco Metro and Express stores, as well as the smaller Sainsbury's shops, tend to operate their usual opening times (usually around 7am-11pm), even on bank holidays, so that's your best bet if you're stuck.

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