Latest Asda News and Analysis – Page 156
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Growth tactics? Simple!
Asda president Andy Bond spells out his agenda to Julian HuntAndy Bond is in bullish mood. With sales and market share slipping in recent months, an apparent shift in promotional strategy now under way and difficulties finding new...
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Small but perfectly formed?
In April, Asda opened a new store in Dyfed, South Wales. The new 16,000 sq ft Pembroke Dock store is smaller than Asda’s average 50,000 sq ft size store. However, despite its size, Asda has taken a bold move to stock both a food and a non-food...
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Switching on to electronics
Cutting-edge consumer electronics is being targeted as a key driver of growth for Asda’s general merchandise business, according to non-food trading director Tony Page.As part of that strategy, Asda has introduced Wal-Mart’s Durabrand range,...
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C-sector: don’t scrap Sunday trading rules
The convenience retail sector is up in arms over calls for Sunday trading rules for large stores to be scrapped.Tesco and Asda both support the proposed relaxation of rules, which could end the limited six-hour Sunday opening times for stores...
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Tesco pulls ahead of the competition
Tesco has snatched the crown away from Asda and become Britain’s Favourite Supermarket – and also won two other accolades in this year’s awards. Siân Harrington reportsIt has been judged The Grocer of the Year for two years running by...
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Wal-Mart eyes Republic
Wal-Mart already has its eyes on a move into the Irish Republic following Asda’s acquisition of 12 Safeways from Morrisons in Northern Ireland this week.Speaking to The Grocer before the annual shareholders’ convention in Bentonville,...
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Cheesewright to return to Asda from Canada
Andy Bond has called for the return of his former logistics director David Cheesewright one year after he departed to become Wal-Mart Canada’s chief operating officer.Asda has not confirmed which role Cheesewright will take up, but spokesman...
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Asda boosts organic and local
Organic and locally produced fruit and vegetables are to be at the heart of Asda’s plans for its fresh produce aisle.The retailer will increase the number of lines from 25 to 39 in July and 44 in September. Catherine Fay, marketing manager...
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Asda is still the champion
Ronan HegartyIt’s official: Asda has emerged as the UK’s cheapest supermarket for an amazing eighth year in a row. The result means that Asda has won the award every year since we launched The Grocer 33 shopping survey in 1997.It met some...
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Asda buys Safeway Northern Ireland stores
Asda has acquired 12 Safeway stores in Northern Ireland from Morrisons, as predicted in this week’s Grocer.The agreement, announced this morning, will see Asda acquire 12 Safeway stores for £73.6m in cash plus the value of fuel stocks at the...
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Asda to distinguish treats from healthy
Asda is planning to launch a new kids’ food range, which will distinguish between healthy and treat-only products, The Grocer has learned.The range, called Great Stuff, is still in development, but Asda has applied to register the name and logo...
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Online war: Asda doubles up
Asda has launched a fresh attack on Tesco’s online market share with the announcement that it is to double the delivery coverage of asda.com.By the end of the year Asda’s online service will cover 60% of the UK, compared with 30% in autumn...
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Asda puts small stores at heart of growth plan
Asda is to put small food stores at the centre of its growth plan in an effort to rebuild sales as the leadership gap between Tesco widens.Huw Edwards, the former central merchandising director appointed director of small store formats in...
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Asda recalls fruit cocktail
Asda has recalled its own-label canned fruit cocktail in Apple Juice.Asda said that the product had been recalled after routine tests detected raised levels of tin in a small number of cans.Product withdrawal notices have been placed...
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Easter shoppers smile on Asda
While the seasonal sales uplifts in April have been slower than expected for many high street retailers, this month’s Tradetrak shows that Tesco and Asda have both benefited from good trading over the 12 weeks to April 16, which includes the impact...
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Easter share up for Asda
Asda was the only retailer of the big four to increase its share of the market over the four weeks of Easter, according to exclusive data for The Grocer from ACNielsen Homescan.However, Asda’s total share of the grocery market declined 0.3%...
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Asda lets egg-layers out of cages
Asda said this week that it will switch 500,000 British laying hens from battery cages into open barns by May 1, marking a major change in the way it sources standard own-label fresh eggs. The multiple said each hen would now be able to lay its...
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Asda bid for Somerfield ‘would be referred’
The OFT would immediately refer an Asda bid for Somerfield to the Competition Commission, according to an industry analyst, following speculation that the number two supermarket retailer is eyeing up its smaller rival. Head of equities at...
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Asda set to expand its RTD range
Asda’s own-label vodka RTDs have proved so popular that the multiple plans to brings out new flavour variants later in the year.The four-strong range, retailing at 89p a bottle, has been on sale for more than two years and has been recording...