Latest Asda News and Analysis – Page 182
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Wal-Mart annual shareholders' convention: More supercentres
Exclusive Clive Beddall, Bentonville Giant, dual fascia supercentres and smaller format specialist supermarkets will spearhead Asda's retailing strategy as it targets Sainsbury to become the UK's second largest multiple. After a procession of...
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OTC medicines: Multiples react fast to RPM abolition
Asda is leading the way with the depth and number of price cuts across OTC medicines following the abolition of resale price maintenance. According to figures from Information Resources, all the major supermarkets were quick to respond to the legal...
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n With the latest results out, is there hard proof Sir Peter
Sainsbury's fortunes have seemed rather like a runaway trolley over the last few years, complete with wobbly wheels. After years of growing market share, it began haemorrhaging customers and profits while arch rivals Tesco and Asda continued their...
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Asda's decision to turn honest labelling into a competitive
When launching its 200-strong range of Good for you! products, Asda said: "We took a red pen approach and crossed out all the false and misleading product descriptions which can misinform and confuse customers. The result is a range which states the...
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Asda cheapest in survey for fourth year running
Exclusive Sheila Eggleston Asda is still Britain's cheapest food retailer despite facing intense competition from arch rival Tesco. For the fourth year running, the Wal-Mart subsidiary has notched up the highest number of cheapest baskets in...
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Asda again steals show with the cheapest baskets full to the
Sheila Eggleston Asda has again emerged as Britain's best value supermarket, accounting for 24 of the cheapest baskets reported in The Grocer 33 shopping survey during the past year. The only blot on Asda's phenomenal record came this week, when...
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ASDA PLAYS COPYCAT
Sir; We were amused to hear of Asda's latest initiative promising to be open and honest with its food labelling at least on 200 lines. As far back as 1995, the Co-op made a commitment to ensure all its labels gave as much clear information as...
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Wal-Mart: Asda profits exceeding expectations'
Asda is generating total sales growth in the "high single digits," said Wal-Mart chief executive Lee Scott in a conference call to discuss the company's first quarter results. Operating profits in the UK also "exceeded expectations". Although...
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Abolition of Resale Price Maintenance: The multiples get sla
Within hours of the abolition of RPM, the major multiple grocers had unveiled plans to slash a selection of healthcare prices by up to 50%. At Asda, Anadin regular 16s were down from £1.75 to 87p, while other cuts included Rennie 24s reduced from...
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Multiples: JS says it's no 2 in online race
Sainsbury claims it has leapfrogged over Asda, Iceland and Waitrose to become the UK's number two online grocery retailer and the fourth biggest in the world. Jennifer Baker-Hirst, new business development director, said the Sainsbury's To You...
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Multiples sign new Fitou
A new style of Fitou wine was launched in Asda and Sainsbury this month. Called Les Douze, it is the creation of 12 vineyard owners in the south of France who chose the best of their vines for the wine. The new style Fitou is a blend of Carignan,...
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Booker Prize for Excellence: Essex gold mine scoops Booker'
David and Veronica Tubby, whose c-store has thrived despite the close proximity of an Asda, were crowned Best Retailers at the Booker Prize for Excellence this week. Judges described the store Country Produce, Cold Norton, Essex as "the only...
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Multiples: Tesco's Leahy warns of no price war let-up
Tesco has vowed to continue its price war with the rest of the sector after announcing record-breaking £1.07 billion profits. Chief executive Terry Leahy said its price battle would continue with the whole industry, not just Asda. "There won't be a...
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Budgens: Rising through the ranks
Budgens is planning to push another 50 employees up through the ranks as its retail management training scheme goes into its fourth year. The scale of its scheme is on a par with that of Asda, said Budgens, and leaves the other big multiples...
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Asda: Landslide wrecks Brighton store
Asda has been forced to close its Brighton Marina store indefinitely after the building was partly demolished by a 4,000 tonne landslide. "The extent of the damage has yet to be confirmed and it's therefore much too early to say when the store...
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Multiples and designer gear: Grey fight breakthrough
Asda has put grey market designer sunglasses on sale as the European Court of Justice rules in favour of Tesco in its battle with Levis. The interim ruling clarifies EU law on grey market imports and will open the floodgates for sales of knockdown...
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Asda backs Sidekick
Asda has put its marketing weight behind the off-trade launch of Bulmers' new single shot schnapps, Sidekick. The brand has gone into all 241 stores and spirits marketing manager Mary McCarry said: "We are delighted with the consumer response. The...
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Asda goes for e-procurement
Asda is to ask its suppliers to join the cyberspace race in a move to speed up its procurement process. It will be the second major multiple to adapt a new software package from Ramesys for use across its supply chain. The online system is already...
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New World wines take a tilt at edlp
Rising costs for New World wine producers have prompted some of them to push through price increases. Some multiples have accepted the increases but they have not gone down well with those with edlp policies. Asda is currently in discussion with...
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Asda: the new strategy
All systems low Asda claims it can build three stores for the price of two, aims to beat the industry on price and push non-food hard, says Helen Gregory The Asda board is upbeat about the chain's future and blunt about its failings.Its youthful...