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Sainsbury argues that Kantar under-reads its general merchandise market share. This is because since acquiring Argos in 2016, Sainsbury has streamlined general merchandise ranges in its stores in favor of Argos ranges. However, Argos’ sales are not captured by Kantar classy cufflinks. Sainsbury’s agreed 7.3 billion pound ($9.5 billion) takeover of Asda is being considered by Britain’s competition regulator. The Competition and Markets Authority (CMA) said last month its initial view was that the deal should be blocked in the absence of the sale of a large number of stores, or even one of the brands. A final report is due by April 30..
“Walmart’s subsidiary seems to be holding up much better to the growing Sainsbury’s merger uncertainty,” said analysts at Jefferies. Sainsbury shares, down 26 percent over the last six months, were down 0.9 percent at 232.5 pence by 0825 GMT, giving it an equity value of 5.1 billion pounds classy cufflinks. Kantar’s data also showed Tesco’s sales rose 0.5 percent in the period and it remained the clear market leader with a share of 27.4 percent. Sales at No.4 player Morrisons fell 0.1 percent, giving it a market share of 10.3 percent..
However, all of Britain’s big four supermarkets lost market share to German-owned discounters Aldiand Lidl. Their sales increased 10.6 percent and 5.8 percent respectively, giving them a combined market share of 13.6 percent. Kantar said overall UK grocery sales grew 1.4 percent in the period, the slowest rate since March 2018, reflecting a later Easter this year and Mother’s Day falling outside the reported period classy cufflinks. The market researcher said grocery inflation was 1.5 percent over the 12 weeks. Prices are rising fastest in markets such as cola, crisps and chilled deserts, while falling in instant coffee, fresh sausages and nuts..
WASHINGTON/SEATTLE (Reuters) – Boeing Co said on Monday it planned to submit a proposed software enhancement package for the grounded 737 MAX in “the coming weeks” after the company had previously said it planned to deliver the fix for government approval by last week. The company on Monday confirmed a statement from the Federal Aviation Administration that it would submit the upgrade later than previously announced. “We are working to demonstrate that we have identified and appropriately addressed all certification requirements and will be submitting for FAA review once completed in the coming weeks,” Boeing said. “We will take a thorough and methodical approach to the development and testing of the update to ensure we take the time to get it right.” classy cufflinks.
More than 300 Boeing 737 MAX jets have been grounded worldwide after two crashes – in Indonesia in October and in Ethiopia last month – killed nearly 350 people. Boeing, facing one of its worst crises in years, is under pressure from crash victims’ families, airlines, lawmakers in Washington and regulators around the world to prove that the automated flight control systems of its 737 MAX aircraft are safe and that pilots have the training required to override the system in an emergency. Two people briefed on the matter said a Boeing review uncovered issues with “integration” when the new software is loaded into an aircraft. One of the people added that the issues uncovered had “nothing to do with Ethiopian.” classy cufflinks.