Published reports say that the UK's third-ranked supermarket chain, Sainsbury, plans to bid the equivalent of more than $200 million to acquire TM Group, a company that controls three small c-store chains.
The move would follow Tesco's decision to add to its c-store network through the acquisition of the Administore c-store company.
The move would follow Tesco's decision to add to its c-store network through the acquisition of the Administore c-store company.
- KC's View:
- The question would seem to be when Asda will make its move, not whether Asda will buy a c-store company.
