Merger partners Sainsbury's and Asda lag rivals - Kantar

LONDON (Reuters) - Sainsbury's and Asda, the two British supermarkets planning to merge, had the slowest sales of the "big four" chains in the 12 weeks to April 22, market data showed on Tuesday. Sales at number two ranked Sainsbury's rose 0.2 percent, while Asda, owned by Walmart, saw growth of 1.4 percent, Kantar Worldpanel said.

Both Sainsbury's and Asda dropped market share compared to a year ago - down 0.3 percentage points and 0.1 percentage points respectively, Kantar said.Current market leader Tesco posted sales growth of 2.1 percent.....

This article is no longer available in our repository.

There could be multiple reasons for this.