Analyst Corner 16 minutesRegister for Free AccessWeinswig’s Weekly May 4, 2018 Coresight Research May 4, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the proposed merger of UK grocery retailers Sainsbury’s and Asda, which would create the country’s largest grocery retailer. Many of America’s biggest retailers have been slashing staff even faster than they have been closing stores, a dynamic that has left fewer clerks and longer checkout lines at remaining locations. Two of the UK’s biggest grocery retailers, Sainsbury’s and Asda, plan to merge. The merger would result in Asda owner Walmart holding 42% of the new company and receiving £2.975 billion ($4.1 billion) in cash. Chinese consumers living overseas represent an increasingly lucrative segment for China’s leading e-commerce companies, including Alibaba and JD.com, especially as online spending growth in China is expected to slow as e-commerce penetration plateaus in major cities. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: June 2023 US Retail Traffic and In-Store Metrics: Recovery Stalls as In-Store Sales Dip FurtherDay One at NRF 2024: Retail’s Big Show—Building Community and Leveraging Technology Drives Retail SuccessConsumers Report Strong Financial Health: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 37: Wilko Again Drives UK Closures