Sainsbury’s

British regulators blocked Sainsbury's $9.4 billion purchase of Walmart's Asda unit on Thursday amid concerns the deal would have increased prices and reduced the quality and range of products available. For Walmart, it's another setback in its effort to export its low-price strategy around the world. read more >

British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain. read more >

Sainsbury's has agreed to buy Walmart's U.K. unit, Asda, for $10.1 billion in cash and stock in a deal that would create Britain's largest supermarket chain. read more >

Wal-Mart's United Kingdom operation Asda, is investing another 500 million pounds ($721.9 million) in price cuts as the grocery discount wars escalate. read more >