Deal immediately triggered fears of thousands of job losses after its announcement on Saturday
Sainsbury’s and Asda will on Monday reveal the details of a £15bn merger that would create a new grocery superpower, against a backdrop of mounting concerns about the impact on shoppers and workers.
The shock deal, revealed on Saturday, immediately triggered fears of thousands of job losses – the group, with a combined workforce of 360,000 people, would leapfrog Tesco to become the UK’s biggest private sector employer. The new grocer would ring up nearly £1 in every £3 spent on groceries on the UK high street.
Related: Sainsbury's and Asda play seismic supermarket sweep | Zoe Wood
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