All Asda articles – Page 145
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News
Asda to tap power of Wal-Mart’s sourcing
Asda chief executive Andy Bond has vowed to use parent Wal-Mart’s global purchasing power to further reduce prices, after the UK grocer posted a robust performance last year.
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Analysis
A collective sigh of relief
The Competition Commission’s hotly anticipated remedies report may increase the red tape for grocers but, overall, the big four will be relaxed about its proposals. James Thompson reports
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News
Competition test will allow Asda to double store openings
Asda expects to benefit from the Competition Commission’s proposed “competition test” for new supermarket openings, because it will mean it is able to double the number of shops it opens a year.
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News
Asda to invest £400m in expansion
Asda will open about 20 stores over the next year and push its online operation as part of a 400 million expansion programme.
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News
Asda like-for-likes climb
The UK’s second largest grocer Asda delivered mid-single-digit like-for-like sales growth in 2007.
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News
Asda staff to share £21m bonus
Asda has now paid 107 million in bonuses to its staff since a performance-related bonus scheme was introduced in 2000, when Asda was bought by Wal-Mart.
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News
Asda promotes Hudson to Living division
Asda has promoted John Hudson to head of retail development at Asda Living with immediate effect. He was previously development surveyor for Asda’s North division.
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AnalysisWhy low prices are not enough
People may be watching what they spend, but that hasn’t saved value specialists from collapse. George MacDonald surveys their prospects as they enter another tough year
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News
Competition Commission to update on remedies next week
The Competition Commission will publish its hotly anticipated report on remedies next week as the inquiry into the 120 billion grocery sector enters its final stages.
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News
Morrisons' market share soars
Supermarket group Morrisons’ resurgence continues unabated, according to the latest grocery market share data from TNS Worldpanel.
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Opinion
A case for the big two?
Speculation was swirling around the grocery sector this week that Asda is poised to make a bid for local grocery chain Somerfield.
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News
TM Lewin hires former Asda director
Menswear fashion retailer TM Lewin has appointed Keith Nesbitt, former Asda retail change director, as chief operating officer.
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News
Asda beefs up non-food online as Somerfield interest hots up
Asda is to ramp up the volume and variety of general merchandise products that it sells online this summer, as speculation mounts that the grocer could lodge a provisional bid for Somerfield in the next two weeks.
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News
Asda to raise online game with non-food
Asda is to massively ramp up the volume and variety of general merchandise products it sells online this summer.
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Opinion
Move over Christmas, roll on St Valentine’s
Our store in St Matthews Quarter, Walsall, opened in June 2007, so we have just completed our first Christmas trading period. I was really pleased with our performance, especially the great effort put in by our new colleagues, who had never experienced an Asda Christmas.
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News
Asda eyes £2m energy savings
Asda plans to save 2 million a year by buying all its energy for stores and depots directly from UK power generators.
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News
Asda backs Government food labelling plan
Asda has backed the Government’s call to introduce a single nutritional labelling system as part of the drive to tackle obesity.
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News
Asda's interest in Somerfield hots up
Asda is thought to have engaged investment bank Lazard to advise it on a potential 2.5 billion bid for Somerfield, according to The Times .
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Opinion
Somerfield bid will likely break it up
One of retail’s worst kept secrets was made official this week, when the private equity owners of Somerfield and investment bank Citi revealed that the grocery chain was being touted around the supermarket industry.
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News
Rising food prices threaten interest rate cut
Food prices are rising at their fastest rate since records began, which could restrict the Bank of England’s scope for cutting interest rates.