Interested in some Summer reading? You might have missed Mark Cranstoun’s article on why he thinks it’s only a matter of time before the next supermarket megamerger
Mark Cranstoun, partner at consultancy Total Negotiation and who has worked for brands such as Mars and Diageo, explains that while the Sainsbury’s/Asda merger was blocked, suppliers should still be prepared for a supermarket megamerger.
When the Competition and Markets Authority closed the lid on Sainsbury’s proposed merger with Asda, CEO Mike Coupe was probably not the only one feeling deep frustration. Suppliers will no doubt be reeling too, albeit alongside some sighs of relief. Immense preparations and budgeting to get ready for a deal that is now dead has left many asking, “was that really all for nothing?”
Head to the full article here on The Drinks Business to catch up.