Analysts in the UK are now predicting that Wal-Mart’s Asda Group may overtake Sainsbury to become the second-ranked supermarket chain there by Christmas.
The speculation follows the release of market share data that suggests that while Sainsbury profits are up, Asda is simply growing faster.
The speculation follows the release of market share data that suggests that while Sainsbury profits are up, Asda is simply growing faster.
- KC's View:
-
Only Tesco now stands between Wal-Mart and domination of the UK grocery market.
And we all know that Wal-Mart likes second place about as much as Leo Durocher did.
