All Netto articles – Page 5
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NewsAsda unloads 39 Netto stores
Asda has sold 39 of the 47 Netto stores it had to dispose of as part of its £778m acquisition of the retailer in summer last year.
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NewsAsda sells 39 Netto stores as part of OFT disposal deal
Asda has sold 39 out of the 47 Netto stores it had to dispose of as part of its £778m acquisition in summer last year.
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NewsAsda parts company with strategy chief Gurr
Asda executive director Doug Gurr is to exit the retailer in January with his responsibilities will be absorbed by the grocer’s management team.
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NewsNetto appoints new MD to lead Asda transition
Netto UK’s parent company has appointed the hard discounter’s property director as managing director to oversee the integration to Asda.
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NewsAsda to create 7,500 jobs next year
Supermarket giant Asda will be create 7,500 jobs in the UK next year, half of which will come from new store openings.
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AnalysisSpaced out
As the big four grocers battle it out in a race for space and online-only specialists increase their virtual capacity, Jennifer Creevy looks at whether returns will end up being hit
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NewsCharles Kay steps down from Netto UK
Charles Kay, managing director of Netto UK, has stepped down from the business, just six months after the hard discounter was sold to grocer Asda.
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AnalysisThe influence of online on global retail
The digital revolution was the hot topic at the World Retail Congress last week and is changing every aspect of the industry.
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AnalysisQuality takes upper hand in value battle
Customers are redefining value and ‘returning to quality’. So what does the future hold for discount retailers?
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OpinionPrice alone not enough for value specialists
One of the many things we’ll miss about Sir Stuart Rose when he retires next year is the frequency with which he says “value is a function of price times quality”. Never has that been truer than today.
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OpinionFood glorious food
You get to see a lot of shops in this job, but not many of them are food retailers. And even when you do wander into a new store, there are roughly two chances of it appearing particularly innovative: slim and fat.
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NewsGrocers and discounters prepare for bidding war over Netto shops
Grocers Tesco and Morrisons are thought to be among the interested parties for the 47 Netto shops that Asda has to dispose of as part of its £778m acquisition.
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AnalysisInternational grocers are catching on to app fever
After successful launches by the UK’s Ocado and Tesco, international grocers from Germany to Australia are now looking to capitalise on the trend towards mobile shopping.
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NewsAsda purchase of Netto cleared by OFT
Asda has been given the green light to acquire Netto after the Office of Fair Trading cleared its takeover of the discount grocer.
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NewsAsda signals its intent to rebrand Netto stores ahead of OFT verdict
Asda has submitted planning applications to convert several Netto stores ahead of approval from the Office of Fair Trading (OFT) on the deal.
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OpinionFocus on food will be key to Asda’s recovery
Spare a thought for Asda’s new chief executive Andy Clarke.
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News
Netto plans European expansion
After selling its UK business, Netto plans to aggressively expand in other European markets with a focus on Germany and Poland.The retailer plans to open 20 to 25 stores a year with money earned from the sale of Netto’s business in the UK, which was bought by Asda for €620m ...
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AnalysisGetting retail mergers right
Bringing two retailers together does not always ensure instant success or results. Mark Faithfull looks at the secrets of getting the process right
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AnalysisWalmart’s bid for world domination
With a renewed focus on price transparency, the US retailer plans to bring its value message to other countries. Jennifer Creevy reports from Bentonville
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OpinionAsda’s swoop on Netto could be just the start
Few stories in retail come completely out of the blue, but last week’s £778m takeover of Netto’s UK business by Asda took everyone by surprise.