Latest Asda News and Analysis – Page 160
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Beef price war ‘destroying value’
There is growing disquiet in the meat supply chain about what appears to be a beef price war between the UK’s two largest grocers, Tesco and Asda.Of particular concern to farmers is the intensity of competition on minced beef which accounts for...
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Asda’s pre-tax profit rockets 10% to £671m
Asda’s profits in 2003 were almost three times what its nearest rival Sainsbury is predicted to make this year.Figures filed at Companies House reveal Asda’s sales rose 9.3% to £14.433bn in the year to December 31, 2003. Pre-tax profit was up...
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Non-food drives Asda profit
Asda has revealed that that’s its profits rose by 10.4% last year, due to strong growth in non-food. The retailer reported a profit of £670.8m for the year to January 31 this year, on sales that grew 10% to £13bn.Asda said that new non-food...
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40% cuts in booze price frenzy
Hopes that value rather than volume would be the focus for Christmas alcohol sales have been dealt a blow as supermarkets begin an early discounting war by slashing prices by up to 40%.With two months still to go to Christmas, Asda and...
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Living it up as number two
Winner of The Grocer Cup for Outstanding Business Achievement, Tony DeNunzio might accept that Tesco is unbeatable. But he relishes strengthening his grip on the number two spot, and sees plenty of avenues for further growth at Asda. He talks to...
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Pork space squeezed
English supermarkets are cutting back on the amount of space they give on their shelves to fresh British pork, according to September’s PorkWatch survey.Results suggest that of the leading three multiples, only Asda had given over more space to...
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Food comes out of the equation
Asda’s newest showcase for its non-food offer is a standalone 34,000 sq ft store on a retail park. Rod Addy goes shoppingWith new sites increasingly hard to come by, Asda is hoping to take the battle to Tesco in the one area it knows...
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Asda non-food Living format debuts
Asda has opened its first standalone general merchandise store. Asda Living at Crown Wharf Retail Park, in Walsall town centre, will be followed by two further trial stores under development. One, measuring 30,000 sq ft, is due to open at...
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Asda’s non-food Living format debuts
Asda has launched its first store under the Asda Living general merchandise format today, at Crown Wharf Retail Park in Walsall town centre in the west Midlands.Two further trial stores are under development. The second, measuring 30,000 sq...
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Confection perfection
It’s all change for our gallery of the six best confectionery buyers. None of the group voted for by suppliers in June 2003 made it into this year’s high flyers. That said, Tesco, Asda and Waitrose all made it through again. Tesco’s Sharon...
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Supermarkets look at housing schemes
Supermarkets are planning to make strong moves into the housing market as a response to increasing pressure from local councils for the inclusion of social housing as part of redevelopment schemes.Asda and Sainsbury are both planning to...
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Central packing plants take shape
The remaining two factories that are being built to satisfy Asda’s meat needs are edging closer to completion.In Doncaster, ABP is just about to commission its new 120,000 sq ft, £18m plant. It would be up and running “October/November time”...
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Asda serves the right meal deal
The ambient pasta sauce sector has grown in scale and diversity in recent years, with plenty of brands now on sale as well as speciality retailer own label products. This diversity is reflected by the average of 108 products found across the grocery...
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Asda buys four Safeway stores
Morrisons has announced it has agreed to sell four more stores from the Safeway portfolio to Asda.Three of these stores are among the list of those Morrisons is required to sell as a continuation of the disposals required by the Office of...
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Retailers ‘lose millions’ through poor logistics
Retailers are still losing millions through a failure to get to grips with instore logistics and inaccurate book stock, Christian Salvesen’s UK MD has claimed.Brian Gaunt, who was supply chain boss at Asda and Big Food Group before joining the...
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The new media moguls
As Asda tests instore digital advertising, Sian Harrington asks if supermarkets can work as media ownersOn Monday Asda becomes the latest multiple to pilot instore digital advertising – cementing the trend for food retailers to become...
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A hub of expertise
Siân Harrington explores how Asda’s centralised policy makes effective use of the retailer’s media opportunities The Asda Media Centre, near the Leeds head office, has five employees – four with advertising backgrounds and director...
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The cream of the crop
Dairy manufacturers were asked this month to nominate their favourite yogurt buyers and one name cropped up again and again. Naomi Hanfell from Asda was so popular that several suppliers refused to nominate any other buyer.One said: “In 20...