Sky News editor sees supermarket merger as likelier even after Sainsbury's ended Morrisons talks
Sainsbury's ended preliminary merger talks with Morrisons held earlier this year, according to the FT. Sky News's Mark Kleinman argues in City AM that it is only a pause, with Tesco's lead and the discounters pushing the rest toward a deal.
Reality
- Evidence35
- Adoption
- Not scored
- Hype gap+25
- Incentives40
- Confidence40
Lidl lifts its UK grocery share to 8.6% while Aldi, Tesco, Sainsbury's and Asda each lose ground
Lidl held 8.6% of the UK grocery market in the 12 weeks to October, up from 8.2% a year ago, Worldpanel by Numerator figures show. Aldi, the larger German discounter, slipped from 10.6% to 10.5% over the same period, so the gain is Lidl's alone.
Reality
- Evidence62
- Adoption54
- Hype gap+15
- Incentives40
- Confidence66
Sainsbury's walked away from winter merger talks with Morrisons
Sainsbury's, the UK's second-largest grocer, held merger talks with sixth-placed Morrisons from November to February before walking away. A competition ruling on Aldi and Lidl due this month will shape how many stores a revived deal would cost.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+30
- Incentives65
- Confidence50
Sainsbury's held exploratory talks this year on a Morrisons merger that would have created a grocer with 23.6% of the UK market, the FT and Sky reported. Any revival would turn on whether the competition regulator accepted store sales as the price of approval.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+20
- Incentives60
- Confidence60
Tesco weighs a central European sale that would end its overseas expansion
Tesco is weighing a sale of its Hungarian, Czech and Slovak arm, £4.5bn of its £66.6bn revenue last year, with Lidl among the interested parties. A sale would end its overseas expansion and free money and attention for a UK market where its share has recently slipped.
Reality
- Evidence40
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence40
Lidl GB spent £315m on price cuts and promotions against pre-tax profit of £245.5m as its market share climbed past Morrisons. Deluxe grew only a little faster than the business as a whole, so Lidl's clearer edge over a slowing Aldi is its loyalty scheme.
Reality
- Evidence60
- Adoption65
- Hype gap+10
- Incentives60
- Confidence60