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: Amazon Prime Day 2023 Insights: New Features and Innovations for the Shopping Festival Amid Competition and Other ChallengesUS Consumer Outlook and US Retail Outlook for 2023—PresentationUS Social Commerce Survey 2023: Video-Centric Platforms and Influencers Offer Opportunities for BrandsUS Meal-Kit Market—Challenging Economic Environment Poses Growth Hurdles