Latest Asda News and Analysis – Page 124
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News
Asda undertakes wine review to boost sales
Asda is slashing its wine range by 15% and introducing a range of fine wines in what BWS category director David Stewart describes as its "most comprehensive and robust review of the wine category to date".Asda, which under-trades in the...
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Price Survey - 31st May 2008
Asda has wrested the cheapest retailer title back from Morrisons as milk and bananas bore sweeping price changes this week. Asda sparked the banana price war last week by reducing them from 77p to 72p. The rest of the big four followed suit, but on...
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Letter of the week
I read in disbelief the article claiming that Asda's innovative Pay Me Early system (The Grocer, 10 May, p3 & p4) had created "chaos" and "sparked panic among suppliers".Pay Me Early and our invoice tracking system, Where's My Invoice,...
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Banana wars are back...
A new price war on bananas has erupted this week, sparking condemnation of the big four from suppliers and NGOs alike. Asda triggered the war on Wednesday when it cut the price of a kilo of bananas from 77p to 72p. Tesco and Morrisons followed suit...
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...as ASA slams Asda's 'unfair and 'misleading' campaign
The advertising watchdog has slammed Asda for a "misleading" and "unfair" campaign comparing its prices with rival supermarket Morrisons.As part of its ongoing 'Why Pay More?' campaign, Asda ran two national press ads comparing the price...
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Pay for the privilege of being paid by Asda
Pay for the privilege of being paid by Asda A disgruntled supplier Name and address supplied Sir; I was concerned to read about the Pay me Early scheme...
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Asda fights 'pay as you throw' bin tax
Asda has weighed in to the row about 'pay-as-you-throw' bin taxes, arguing that charging households to collect refuse would discourage recycling. Many councils were still not collecting bulky or heavy refuse such as glass bottles or...
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Taypack in talks with potential customers
Taypack has opened discussions with potential customers as it looks for new outlets for the 80,000 tonnes of potatoes it has been supplying to Asda.The Perthshire potato giant severed ties with Asda this month, saying its contract offer...
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Machin leaves Asda for role at Oz's Coles
Asda operations director Stuart Machin is to quit the chain in the summer to move to Australian supermarket group Coles as retail director.Machin leaves after two and half years with Asda, where he was responsible for operations at 175...
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What next for Taypack after saying no to Asda?
Amixture of admiration and puzzlement greeted last week's announcement by packer Taypack Potatoes that it had ended its £32m contract with Asda. Why would one of the UK's most significant packers make such a move after 10 years investing in and...
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"Confusion reigns at Asda. It is offering suppliers payment up front, but on what terms?"
It's 4.30pm, I am going to press in 30 minutes and until two minutes ago we thought we had what looked like a sensational story. Asda, we had learnt, had written to its suppliers to tell them it was launching an optional 'Pay Me Early'...
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Chaos over Asda terms
Asda has sparked panic among suppliers by sending out a letter that appeared to say it would pay them straight away, in exchange for them knocking 12% off the bill. However the letter failed to clearly explain that it was referring to the rate of...
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Asda won't say if it was whistleblower
Asda has refused to confirm or deny speculation it sparked the latest investigation by the OFT into potential price-fixing of food and household products.Press reports surfaced last weekend that Asda was the whistleblower that prompted...
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Innocent and Asda vow to keep fighting on VAT
Innocent and Asda have vowed to continue their campaigns to persuade the government to slash VAT on smoothies and fruit juices.This week, the government delivered a major blow to the two camps when it announced it had no plans to reduce...
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Ajinomoto to sue Asda over aspartame
The world's largest artificial sweetener producer has issued legal proceedings against Asda for defamation after the supermarket labelled aspartame a 'nasty'.Ajinomoto Sweeteners, which had a £5.5bn turnover in the year to March 2007,...
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Asda airs its eco-credentials with television documentary
Asda has produced a 30-minute documentary about its environmental credentials, which will be screened on Information TV, available through Sky Digital.The programme - People, Prices, Planet - promises an insight into the chain's...
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Asda increases its African sourcing
Asda has outlined plans to source an extra £30m of fresh produce from Africa over the next five years.The supermarket will source 20% more flowers from Kenya by the end of the year and will also buy more bananas, citrus, mangoes and...
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Price Survey - 10th May 2008
Asda undercut the competition on a host of items to retain the cheapest retailer title this week, but Tesco was only a whisper behind. Nine of the items on the list were cheapest at Asda, which provided a £49.16 basket - just 29p less than Tesco's....
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Price Survey
Morrisons has scuppered Asda's plans to record a fourth week as cheapest retailer, but only 49p separated the pair and the contest was settled on just one key item.Morrisons made no price hikes or cuts that affected this week's list, but...
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Price Survey
Another batch of unbeatable prices has widened the gap between Asda and its rivals as it marks its third consecutive week as cheapest retailer.Once again Tesco came closest to matching its total - but Asda's winning basket was a...