Sainsbury’s + Asda, Apple, slow economy, Cambridge Analytica, Tesla: your commercial news round-up
News of the Sainsbury’s and Asda merger has sent shockwaves through the supermarket sector this week. Designed to fight the pre-eminence of the giant Tesco, as well as helping to see off the Lidl/Aldi success stories, the merger would create a company with 330,000 staff and an annual revenue of around £51 billion. Both supermarkets have vowed that no jobs will be lost, nor stores closed, but MPs have raised concerned about the negative effect on suppliers. For other commercial news, read on.