It could take until next year to get a final picture on how and where a merged Asda/Sainsbury’s business will have to dispose of sites (stores and petrol stations), according to Mark Frostick. Mark states it will be an even longer term before a final position on pricing is agreed, so, for now, it will be a question of wait and see.
It is likely that the majority of the petrol stations that the new company will operate will be dependent on the food store attachment. In terms of potentially disposed properties, with the discount stores still held as most likely purchasers, the likelihood of them keeping the petrol elements operational seems very slim indeed. However, it is early days and the outcome could still prove unpredictable.
Mark expands on his expert opinion of the market and the possible outcomes of this merger in the full article in Forecourt Trader here.