Sainsbury's must accept its Asda merger has been canned | Phillip Inman
by Phillip Inman from Economics | The Guardian on (#49HG7)
Chief executive Mike Coupe's strategy shows he is lost in the retail jungle and lacks a plan B
Sainsbury's boss Mike Coupe said he will keep banging the drum for its merger with Asda, despite a damning report from the competition regulator that effectively rules it out.
It's a strategy that shows Coupe is lost in the retail jungle without Asda holding his hand. It also reveals he lacks a plan B.
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