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The merged entity would have market value of €50bn, sales of about €14bn and a 130,000 employee base.
Spending on foreign credit cards was up 22% on-year to more than £725m in December 2016.
Growth spiked during the period as there was a sharp rise in the sale of festive foods and gifts.
BDO High Street Sales Tracker revealed that December 2016 sales had declined 0.1% year-on-year.
The 22nd Critics Choice Awards kickstarted this season's awards galas a month early.
The two companies combined would have had a market valuation in excess of $20bn.
The annual fashion show had top 51 models from around the world strutting down the runway in the finest lingerie.
Beat the stress of the shopping crowds with IBTimes UK's street-smart tips and tricks.
Shopping event will be marked on 25 November but some sales have already started.
Adjusted profit before tax was £146m, down 24% from 2015 on an underlying basis.
The majority of those surveyed said they wanted the protection of the UK retailers to be a priority while making Brexit negotiations.
New information about the company suggests a fresh direction.
There were 15 shop closures a day across the UK in the first half of 2016.
Nigerian author also stars in a new ad for the make up brand.
Upcoming Halloween, Bonfire Night and Christmas could further benefit grocery retailers and manufacturers.