 The Morrisons branding will be dropped this year |
Jersey's government is to be asked to investigate the sale of Safeway supermarkets to the Channel Islands largest retail group. CI Traders bought the stores in Jersey and Guernsey for �51m, a day before a competition law came into force.
Deputy Geoff Southern wants the Competition Authority to investigate the deal because of concerns the market was dominated by two supermarket groups
Guernsey's Chief Minister Laurie Morgan said he also had concerns.
The CI Traders group includes Le Riche supermarkets and the Marks & Spencer franchise in Jersey, as well as other businesses in the UK and France.
All 400 local staff have been told their jobs are safe.
Tom Scott, the executive chairman, says the group's many shops will operate in competition with each other.
He said the new competition law, which could rule on whether certain firms are too dominant, may not have affected the sale, but that "it was more convenient to be done before then".
One-Minute World News 
News services
E-mail this to a friend 
Printable version 
