Sainsbury’s is “being good to itself” with its proposed acquisition of Asda

The recent announcement that Sainsbury’s has tabled a USD 10bn offer for Asda, the UK supermarket chain owned by US retailing behemoth Walmart, brought back memories of Morrisons USD 7bn takeover of Safeway over 14 years ago, back in 2004.

Sainsbury’s fast tracks its click & collect order for Argos

After a year of speculation, the Home Retail Group (Argos to you and me) saw the wrangling for its ownership finally take a clearer direction on Friday, when J Sainsbury Plc tabled a £1.1bn offer for the UK-based general merchandise retailer.