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...The Arkansas-based juggernaut was at the time opening enough new floorspace each year to occupy the entire store estate of J Sainsbury or Tesco, and its presence threatened to shake up the UK market with...
...An attempt to sell Asda to rival J Sainsbury was blocked by the UK’s Competition and Markets Authority last year....
...Francine McKenna is an independent journalist whose newsletter, The Dig, covers corporate accounting, audit and governance issues....
...Judith McKenna, the head of Walmart’s international division, told staff at the Leeds-based chain last May that the US company was actively considering an IPO for Asda....
...It is the first time the US retail giant has directly acknowledged the speculation about Asda’s future, following the decision of the UK’s competition regulator to block its takeover by J Sainsbury....
...The UK’s competition regulator has blocked the tie-up of J Sainsbury and Asda in a damning verdict that raises questions both about Sainsbury’s strategy and management, and the UK’s wider competition regime...
...J Sainsbury chief executive Mike Coupe was captured ahead of a live TV broadcast on Monday quietly singing to himself “We’re in the money” hours after confirming a £7.3bn deal to buy rival supermarket group...
...The head of J Sainsbury started Monday, April 30, as just another FTSE 100 chief executive. He finished it as something of a social media legend....
...MPs and analysts have warned of the prospect of thousands of job losses and the closure of scores of supermarkets as Britain’s competition regulator gears up for an extended investigation into J Sainsbury...
...J Sainsbury, the UK’s second-biggest food retailer, has struck a deal to take over Walmart subsidiary Asda to create Britain’s biggest grocer by market share....
...Ms McKenna was the “quarterback”, driving the day-to-day discussions behind Asda and Flipkart, people familiar with the matter said....
...unless Trump suddenly becomes more disciplined about tweeting random thoughts and freelancing on policy, the White House will remain a house of horrors,” said Jack Pitney, a politics professor at Claremont McKenna...
...PANELLISTS: Francine McKenna, Transparency Reporter, Marketwatch; Melvin Galpion, Analyst, J Capital Research; Carson Block, Founder, Muddy Waters Capital. ——————————————– The Banker: Top 1000 World Banks...
...The supermarket, which vies with J Sainsbury to be Britain’s second biggest, has not had a chief operating officer since Judith McKenna vacated the role to move to parent Walmart two years ago....
...Elsewhere, Justin King, chief executive of J Sainsbury could face questions about future plans when he reports the company’s third-quarter trading on Wednesday....
...Separately, J Sainsbury has announced a management reshuffle. Roger Burnley, previously retail and logistics director, will become managing director, general merchandise, clothing and logistics....
...stock to “Sector Performer” and decreased its the target price to 735.00p - Tesco Plc: Morgan Stanley reiterated a “Underweight” rating on the stock, with a target price of 310.00p - Sainsbury (J)...
...Panto League indicate that last season’s champion “All the Single Ladies” has been relegated, and the strongest musical contender for mandatory inclusion in this year’s pantomimes is “Price Tag” by Jessie J....
...by McKenna....
...He said Kyran McLaughlin, Elan’s chairman, was also deputy chairman of J&E Davy, the Irish stockbroking group, which holds shares for more than 200 clients in Azur, a company that signed a licensing deal...
...When Andy Bond stood in front of 100 analysts at Asda House in Leeds last month and proclaimed that his supermarket chain would leapfrog Tesco to become the biggest seller of non-food goods and overtake J...
...Judith McKenna, Asda finance director, told the Reuters Consumer and Retail Summit this week: “In terms of our underlying performance, we’re all roughly in the same place....
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