Asda news and analysis – Page 141
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News
Possible sale for Asda's property development arm
Wal-Mart, the parent company of Asda, is considering selling the chain's property development arm Gazeley.It has retained investment bank UBS to explore strategic options, including a sale, for Gazeley, which develops distribution networks...
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Store closures prompt Asda Living facelift
Asda is considering changing the layout of all Living stores following the announcement that it is to close all George standalones.The clothing range at the Leeds Living store has been moved to the ground floor following the closure of...
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Tesco growth lagging but it will fight back say analysts
Tesco and Sainsbury's have underperformed the total grocery market for the second consecutive month, while Morrisons and Asda have built on sales momentum, according to the latest TNS Worldpanel figures.The total grocery market grew 5.9%...
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Letter of the week - Alcohol tax hike calls are misguided
In response to your article on Tesco and Asda's plans to address alcohol problems, if policy were determined by responding to headlines alone, the prohibition of alcohol would surely be on its way ('Supermarkets try to avoid ending up in the drink',...
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Price Survey - 15th March 2008
Asda has been consigned to the second-cheapest retailer position for a third week courtesy of Morrisons. Morrisons climbed from fourth place to the top spot with a £37.28 basket, but Asda's total was only 7p more and Tesco was close behind with a...
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Asda to close George stores
Asda is closing its chain of George stores following a four-and-a-half year trial.It is part of a strategic decision by Asda to focus its efforts on its clothing and homeware chain Asda Living, according to the Daily Telegraph.Ten of...
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Supermarkets try to avoid ending up in the drink
Since being hauled before the prime minister for a bit of a kicking at the end of last year, the supermarkets have been working on proposals to help solve Britain's binge-drinking problem. Over the past two weeks, Tesco and Asda have...
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Union puts spotlight on Asda in equal gender pay debate
Supermarket giant Asda is paying its female-dominated shopfloor staff less than its male-run distribution workforce despite the similarities in job function, the GMB union claimed this week.Test cases against Asda are looming as the...
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Price Survey - 1st March 2008
Asda's attempt to record a fourth week as cheapest retailer has been foiled by Morrisons as the price gap between the big four becomes narrower than ever. Only 62p separated Asda, Morrisons, Sainsbury's and Tesco from each other after they matched...
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Asda gets tougher on underage drink
Asda will stop selling alcohol 24 hours a day and will impose Challenge 25 restrictions on alcohol sales in all its stores, The Grocer understands.The retailer is due to reveal the measures - and others - on Monday in a new initiative...
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Asda launches Brazilian limes
Asda has launched Fairtrade limes from Brazil for Fairtrade Fortnight.The Brazilian limes are in Asda stores nationwide from this week and will be available until the end of May. There will then be a gap in availability before Egyptian...
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McKeith's healthy line goes into Asda
Diet guru Gillian McKeith is launching what she claims is the healthiest food and drink range on the market into Asda this April. Ambitious plans have been set out to create a £40m brand in two years. The range includes cereal bars,...
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Price Survey - 23rd February 2008
Morrisons came close to hijacking Asda's plans of claiming a third week as cheapest retailer but it did not make quite enough price cuts. Morrisons' £44.14 basket was just 16p more expensive than Asda's, and low enough to knock Tesco back into third...
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What the papers said - 23rd February 2008
Asda is launching Income Tracker, a monthly barometer of the nation's finances, to highlight the importance of offering its shoppers low prices. In the Daily Mail, Asda chief executive Andy Bond said it would "burst the myth" that value...
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Price Survey - 16th February 2008
Asda has kept a tight grip on the cheapest retailer title this week, but Tesco fought off stiff competition to clinch second place. The competition between Morrisons and Tesco remained fierce this week, with just 10p separating the totals compared...
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Asda nets rewards of online - Q&A and Availability
Asda announced plans this week to make its online delivery service available to 97% of UK homes by the end of the year, and its Wigan branch, this week's Top Store, gives a clue as to why, with local use of the national website driving growth across...
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Price Survey - 9th February 2008
Morrisons' reign as Britain's cheapest retailer didn't last long. Asda reclaimed its crown this week with a £44.13 basket, while Sainsbury's leapfrogged Tesco and Morrisons to snatch second place. Despite doubling the price of minced beef, Asda...
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Venison set for mainstream
Venison has become the fastest-growing meat product in Asda, the retailer has revealed. Sales had soared and the meat would be one of the major food trends this year, said Asda meat buyer Jim Viggars. "It's healthy, easy and...
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Waitrose/Co-op in Somerfield bid
Waitrose and The Co-operative Group have teamed up to launch a joint bid for the Somerfield grocery chain, The Grocer has learnt. The two retailers will go head-to-head with Asda - currently the favourite to buy the retailer - and four or...
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Price Survey - 2nd February 2008
Morrisons has toppled Asda from its perch to claim the title of UK's cheapest retailer for the first time since 29 September. The only serious challenger for the crown over recent months, Morrisons finally produced the cheapest basket at £43.82 -...