Latest Asda News and Analysis – Page 172
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News
Press round-up
In response to the price cuts announced by Tesco and Asda, communications director at Safeway, Kevin Hawkins, told the BBC’s Radio 4 Today programme that he viewed the reductions with a big touch of scepticism. He said: "We have these so-called...
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Press round-up
Asda increased its sales by 13% last year, according to previously unpublished company accounts. The Guardian said turnover rose to £12.1bn boosted by its George clothing range and other non-food products. The accounts revealed that the...
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Press round-up
Asda and Morrisons could launch a joint £2.7bn bid for Safeway. City bankers told The Observer that Asda was ready to help Morrisons if BHS owner Philip Green makes a counter-bid next month. Bankers told the paper that Morrisons would be...
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Press round-up
MPs are to campaign for the current Planning Bill to be rewritten to stop supermarkets from expanding without planning permission by building mezzanine floors inside existing stores.After Asda almost doubled its floorspace at an out-of-town...
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Super chance' proclaims Sir Ken
John Wood Morrisons stunned the industry this week with a takeover bid for Safeway that would catapult it over Asda into third place in UK market share and leave it snapping at the heels of Sainsbury. Morrisons executive chairman Sir Ken...
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It's a fair bet that the slumbers of Wal-Mart CEO Lee Scott
For weeks, the story on both sides of the pond has been about Wal-Mart making a bid for Safeway in a move that would consolidate its already strong stake in the UK trade through Asda. Indeed, one story, widely circulating in Wall Street...
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Asda drinks a toast to gondola ends
Asda moves up one place to take the top spot in the fascia chart this week, pushing Morrisons down to number two. Safeway has increased its share of promotional activity, moving up one place to number three. Asda is particularly strong on price...
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Wal-Mart offers new loan notes for Asda debt
Wal-Mart, the US parent of Asda, has informed holders of the UK supermarket’s bonds and loan notes of an offer to exchange all outstanding Asda debt securities for sterling denominated fixed rate Wal-Mart notes due in 2013.Wal-Mart said the...
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Brands dress up for the party
Morrisons remains at the top of the retailer chart, although Asda leaps into second spot with a New Year surge driven by promotion on alcoholic drinks. Somerfield is again last in the ranking although it has increased share during this period....
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Asda wises up to the weather
Asda is using long range weather forecasting to help it plan the ordering and phasing of seasonal ranges into stores.The chain has teamed up with US firm Planalytics – which uses technology developed by the military – to predict weather...
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Asda own label director quits for petcare retail
Rod Addy Asda's European director of own label, Catriona Land, is leaving the multiple to become trading director of Pets At Home, the company which took over Petsmart a year ago. Land said she was moving on to take up the fresh challenge of...
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Asda rolls back the basket price yet again
Asda took our Grocer 33 shopping basket to a new low again this week, when its Spondon store checked out the full list for £35.69. The store's new record, beat the all-time low of £35.90 which Asda in Havant produced last month. Tesco took...
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Grocery is very sexy, thank you!
from Stephen Lochhead, head of graduate recruitment and development, Asda Sir; re Simon Howard's Careers File article Up there with the Luvvies' (The Grocer, November 39, p58). He said there was an image problem with retail, the sector could...
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Morrisons feels the squeeze
After the stability of last week there are now several changes in the retailer chart this week, although Morrisons still continues to claim the number one slot. Safeway and Asda have both moved up the chart to put the pressure on Morrisons....
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Latina Brands has scored a hit with its debut range of moder
Launched in November last year in Waitrose and Sainsbury, the majority have been snapped up by other major retailers, including Safeway and Asda, and the range has gained praise from such hard-to-please critics as the Observer Food Monthly magazine....
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Asda trips up as it doles out staff pay slips
Pay day cheer at Asda spilled out into the Cheshire store where a group of staff blocked the fruit and veg aisles as their pay slips were handed out. The group then remained there for several minutes swapping jokes before dispersing, to the...
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Asda pizza is tops
Asda has claimed top spot in the Pizza Retailer of the Year award for the third time.Asda was commended for its consistency, good value and overall performance at the Pizza, Pasta and Italian Food Industry Awards 2002.Pizza marketeer...
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Consumers could soon be browsing for the family runaround at
The big boys began experimenting with vehicle sales in the 1980s, but it was short-lived. Asda ended a brief venture with cars when it pulled out after problems negotiating acceptable terms with dealers. Its fingers were clearly burned and a...
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n led by asda
US retail giant Wal-Mart said group third quarter sales grew 11.5%, albeit in "a challenging environment" and that international growth of 14.4% was led by its UK subsidiary Asda. Wal-Mart boss Lee Scott said: "Going into the important holiday...
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Asda rings in festive rush
Asda has ramped up the roll out of its jewellery departments to offer shoppers prices up to a third less than in the high street in time for the christmas rush.Eight new departments will be opened by the end of November to bring the total at...