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Bumpy ride for billionaire brothers who banked on Asda’s success

The Guardian M&A

The brothers from Blackburn were set on leapfrogging slightly bigger rival Sainsbury’s to make Asda the UK’s second-largest supermarket group.

Banking 97
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The Consumer Retail Investment Banking Group: King of the Generalists?

Brian DeChesare

These trends all affect retailers , but their impact depends on the retailer’s industry and business model. Distribution and capital intensity are also important because companies here have different business models. This list is more geographically diverse than the others, which makes sense since retail is a distribution business.

Banking 96
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Costcutter owner Bestway takes near £200m stake in Sainsbury’s

The Guardian M&A

Grocery wholesaler may look to make further market purchases of supermarket’s shares Bestway – from London cornershop to multinational conglomerate The owner of the Costcutter chain and one of the UK’s largest grocery wholesalers has taken a near-£200m stake in Sainsbury’s and said it could increase its position further. Continue reading.