All Netto articles – Page 6
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NewsWill Netto deal make Asda ‘the clear number two’ grocer
Asda’s £778m acquisition of hard discounter Netto’s UK operation has catapulted it from third to second place in food. But opinion is divided about whether the deal will fulfil Asda’s ambition to be “the clear number two” in grocery.
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NewsHow Netto’s exit from high street will affect the hard discounters
Hard discounters Aldi and Lidl could thrive in the UK after the third-largest player, Netto, disappears from the high street.
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NewsMore Asda acquisitions likely, say analysts
Asda’s acquisition of Netto increases the likelihood that the Walmart-owned grocer will stage a takeover of a non-food retailer, analysts believe.
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OpinionThat’s Asda price
Asda’s surprise buy of Netto shows it means business and is determined to make good on its ambitions. But will more stores automatically mean success?
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NewsAsda suffers fifth consecutive market share drop
Asda has suffered its fifth consecutive monthly market share drop and growth behind the market at 2.5% according to Kantar Worldpanel.
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NewsTight cost control lifts Netto UK’s outlook
Netto UK has reported a 53% lift in operating profit to £7.6m with tight cost controls helping it overcome tough trading conditions.
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NewsAsda’s market share growth halted as Tesco hits back
Supermarket group Asda’s market share growth has come to halt after a fightback by Tesco, latest market share data shows.
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NewsSainsbury’s loses market share to rivals
More than £11m of spending was switched from Sainsbury’s to its competitors in the 12 weeks to November, according to TNS Worldpanel data leaked to The Times.
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NewsNetto cuts prices to drive discount credentials
Danish discount grocer Netto is reducing the price of more than 100 staple products as it seeks to reinforce its low price proposition.
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AnalysisTop 50 retailers: Retail’s premier league
It’s 18 months since Retail Week’s last look at the UK’s top retailers by sales and margins and much has changed in that time. Retail Knowledge Bank senior partner Robert Clark reports
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NewsMorrisons and Sainsbury’s growth outpaces Aldi, TNS reports
Food shoppers “have started to revert to pre-recession behaviour” and established big grocers are outpacing discount stars such as Aldi, latest TNS Worldpanel grocery data showed.
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NewsWaitrose improves growth
Waitrose is showing signs of combating recessionary pressures with growth increasing to 4 per cent in the 12 weeks ending May 17, following the launch of its value line Essential.
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AnalysisDiversification: A lucrative sideline or fatal distraction?
Retailers eager to boost business may expand into categories beyond their comfort zone, but do they risk stretching themselves too far?
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NewsSainsbury’s gains market share as Easter promotions pay off
Sainsbury’s has grown market share and its growth rate has exceeded those of the other top supermarkets in the 12 weeks to April 19.
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NewsAsda rolls back prices for Easter
Asda is to roll back prices this week as it gears up for a supermarket price war over the key Easter trading period.The grocer has slashed prices as part of its commitment to cut 12,500 prices by Easter. Product include fresh fish, meat, frozen desserts, soft drinks, alcohol, DVDs, George ...
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News
Asda and Morrisons jostle for sales growth position
Asda has notched up record market share figures in the latest TNS Worldpanel grocery market share report.
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NewsNetto and Iceland join forces to develop stores
Value supermarket retailer Netto has teamed up with Iceland to develop a series of schemes on which both companies will trade from adjacent stores.
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AnalysisRetail’s best-kept secrets
Despite the general air of doom and gloom blighting the high street, some low-profile retailers seem to be doing just fine. Charlotte Hardie reveals a selection of retail’s secret success stories