Asda news and analysis – Page 116
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NewsAsda’s Price Guarantee is branded ‘ineffective’
Industry analysts have branded Asda's Price Guarantee ineffective after the supermarket reported a mere 0.6% increase in full-year sales. Despite like-for-like sales in the fourth quarter increasing by 1.6% and Asda narrowly...
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NewsTesco launches new assault on Asda
Tesco has launched a new offensive in its war with Asda. In an echo of Asda’s price guarantee scheme, shoppers can enter the details from their Tesco receipt online. If their shopping would have been cheaper at Asda, they will receive a Tesco voucher worth double the difference.
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News
Chains apply pressure over planning policies
The government is coming under intense pressure from large retail chains to relax planning laws on out-of-town developments, The Grocer has learned. According to a senior planning source, Asda has joined forces with leading retailers...
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Comment & OpinionEditor's Comment: Grocery leads the way as perfect storm looms
At its results, Asda this week stated that the British consumer is heading for the 'perfect storm'. In the same breath, on the supply side, oil was nudging $120 per barrel and some analysts are forecasting it could go over $200.
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News
Focus On Chilled Ready Meals: English for Asda, Italian for Tesco
Chilled ready meals have experienced a strong year, growing ahead of both the total grocery market and the chilled grocery market.
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Analysis & FeaturesStuart Rose and Andy Bond: tips for the next generation
After stepping down from Marks & Spencer and Asda, retail legends Sir Stuart Rose and Andy Bond give Charles Wilson and Adam Leyland their tips for the next generation
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Comment & Opinion
Satisfaction not guaranteed
Asda today published its full-year results – or rather, the collection of cherry-picked factoids that passes for a breakdown of its financial performance. Sales were up 1.6% on a like-for-like basis in the fourth quarter, representing something of a turnaround from the slow-motion car-crash of last year.
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NewsClarke claims Asda revival as annual sales inch up
Asda has reported a rise in like-for-like sales of just 0.6% excluding VAT for the past year. Fourth-quarter sales were up 1.6%, or by 2.6% including the impact of the VAT rise.
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NewsUgo store takes fight to Stoke Sainsbury’s
Haldanes has opened its first Ugo discount supermarket, in Stoke-on-Trent. The opening follows Haldanes' purchase of 20 Netto stores from Asda last month. The store previously operated under the Haldanes fascia and is being trialled ahead...
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NewsAsda is the first to unveil its own-label babyfood
Asda has triumphed in the race to launch the first supermarket own-label babyfood range. The retailer started introducing the 14-strong Little Angels organic babyfood range to stores last week following two years of research and...
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News
Asda listing for Porrelli ice cream range
Family-run ice cream producer Porrelli has won listings in 30 Asdas across Scotland marking the company’s debut in the multiples.
The Paisley-based company, started by Italian Gerardo Porrelli in 1925, is next month rolling seven… -
NewsPets Corner in bid to beat Asda & co with its new price pledge
Asda has infuriated its big four rivals with the Asda Price Guarantee. Now independent retailer Pets Corner is taking on Asda and Tesco by promising to be cheaper on “loads” of products.
The Sussex-based chain is running a Price Pledge… -
NewsMilk dispensers may see bottles binned for good
The plastic milk bottle could soon be consigned to the bin as the UK looks set to enter a refill revolution. The Grocer has learnt that Eziserv, the company that supplied refill technology to Asda for a recent Wrap-funded dispensing trial...
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NewsAsda dating website to pair up singleton shoppers
Lovelorn Asda shoppers need not wander the supermarket aisles alone any longer. The retailer has launched a dating website that matches potential partners based on their shopping habits.
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Comment & Opinion
Asda's running battle
Football fans will know that today is transfer deadline day – and with Liverpool seemingly poised to splash out £35m on pony-tailed carthorse Andy Carroll, there’s surely a suitably clumsy metaphor to be found about shopping around for value.
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NewsWatchdog raps Asda over misleading Guarantee ad
Asda's original Price Guarantee ads, which aired from April last year, have been smacked down by the Advertising Standards Authority for being misleading and untruthful. And the retailer could face further run-ins with the watchdog.
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NewsRecord fall in family spending power as inflation takes toll
Inflation combined with widespread freezes on pay has led to a record fall in the average family’s spending power, new data suggests. UK families have £8 a week less discretionary income than this time last year, according to Asda’s monthly Income Tracker.
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NewsUgo woos Netto shoppers - by offering them Netto
New discount retailer Ugo is set to be a near carbon copy of Netto. Mimicking its predecessor, the chain launched by Haldanes following the purchase of 20 Netto stores from Asda will have a yellow fascia with black lettering. In place...
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Haldanes hails experience of beefed up team
Haldanes has appointed Adam Hart as a non-executive director and Kristoffer Getchell as IT director.The appointments follow the supermarket chain's acquisition last week of 20 Netto stores from Asda. The stores will be transformed into a...
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NewsTesco in multi-pronged Asda attack over ‘misleading’ ploy
With Tesco fighting Asda’s 10% cheaper price pledge on a number of fronts, who will be successful? Adam Leyland and James Halliwell report