Asda news and analysis – Page 144
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Profit up at Asda
Asda recorded a 3.6% increase in pre-tax profit to £593m for the year to 31 December 2006 on sales up 6% at £15.7bn.Like-for-like sales growth for the year was in “low single digits” according to the latest results filed at Companies House...
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The secrets of retail success - Q&A and Availability
Richard Jackson, store manager at Asda Rotherham, added another Top Store award to his list of achievements this week, taking his tally to three wins in the past five years. His first was at Safeway in Buxton, near Manchester, and the second was at...
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We're positioning ourselves 'as the Easyjet of retailing'
Asda chief Andy Bond has admitted the retailer could do with an image overhaul to reflect a recent shift in its customer profile.The chain has attracted 5% more AB shoppers over the past two years as wealthier consumers have become...
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Bond: inquiry findings show we have fewest monopolies
Asda says it is "perversely pleased" with the Competition Commission's provisional findings that show it has the lowest number of local monopolies of the big four.Speaking at Asda's annual business update, chief executive Andy Bond said...
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Glum to glamorous at Asda - Q&A and Availability
Asda has transformed the former run-down Co-op store in Wythenshawe, Greater Manchester, into a modern and stylish branch and won our Top Store award just three months after opening. Any change on this scale is bound to cause a stir among local...
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Asda credit card used as loyalty tool
Asda is hoping to emulate the success of Tesco's Clubcard by using the data from its credit card to generate targeted direct marketing.Since the Asda credit card was launched in 2004, it has only been used to reward customers with a...
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Asda backing small suppliers with Welsh produce initiative
Asda is to beef up the presence of Welsh produce in its stores with a swathe of product launches that could be rolled out beyond Wales if successful.The supermarket is holding talks this week with nine possible new Welsh suppliers,...
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Asda requests festive truce over restrictions
Asda has again attacked plans to restrict alcohol displays in Scottish stores. The retailer has called for a two-week grace period over Christmas and New Year to be added to the legislation tabled by the Scottish parliament as part of a crackdown on...
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What the papers said - 17th November 2007
Supermarkets sell beer at a lower price than bottled water and risk fuelling the binge-drinking crisis, according to the Telegraph. The paper said that Tesco, Sainsbury's and Asda were selling lager at 22p a can, significantly less per pint than...
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Price Survey - 17th November 2007
Sainsbury's was a challenger for the cheapest retailer title this week, but its price cuts were still not enough to stop Asda securing its seventh victory in a row with a £38.74 basket. Tesco and Morrisons have been tussling for the second-cheapest...
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Operating profit down at Asda
Asda's third-quarter operating profit has reportedly fallen marginally below the levels of a year ago as the supermarket chain continued to push down prices.Like-for-like growth was in the low-single digits for the three months to 30...
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Asda bosses are set to trifle with truffles
Brace yourself for a price war on truffles. Not the sickly chocolate kind - but the genuine gourmet fungi.Asda is planning to grow "rare" Perigord Black truffles near Cridling Stubbs, which is apparently off the M62 in Yorkshire, and not...
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Asda farm scheme to cut emissions by 10%
Asda is asking its dairy farmers to sign up to a major carbon reduction programme in an effort to make its milk more environmentally friendly. In what is thought to be the first such scheme for farmers, the multiple has drawn up targets...
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Price Survey - 10th November 2007
There's no change at the top with Asda achieving its sixth consecutive victory as cheapest retailer with a £47.38 basket, but Morrisons has let its grip on second position slip. It is testament to the consistency of Asda's low-pricing strategy that...
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Outrage as Asda puts full halal meat on sale
Halal meat from animals that have not been stunned before their throats are slashed will go on sale in Asda for the first time next month in a move that has infuriated animal rights activists.
Asda admitted its decision would cause… -
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Asda unveils first supercentre with department-store style
In the next two weeks, Asda will unveil the first of a new breed of large supermarkets boasting a department-store style layout. The retailer's 100,000 sq ft Patchway store, Asda's oldest supercentre, is nearing the end of a three-month...
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Hamilton swaps Asda for Lidl
How the hell did Asda get so much publicity for favouring 22-year-old whizzkid Lewis Hamilton with a free disabled parking space at its Stevenage superstore? Or to put it another way: is it just Bogof who reckons this was a PR stunt...
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In Brief: Fenwicks gets Bevan; Recycling boost; Wylie promoted; Freshers operations; No agm re-election
Fenwicks gets Bevan Asda's finance director of retail and logistics Richard Bevan will leave the company in December to take up a new role as chief finance officer at independent department store group Fenwicks. Bevan joined Adsa four years ago from...
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What the papers said - 3rd November 2007
Asda is planning to report football shirt manufacturers to the OFT unless they agree to supply the retailer with shirts. According to the Sunday Telegraph, Asda wrote to football shirt makers last week to demand they abandon their long-term policy...
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Fears that Scots booze laws could limit consumer choice
Asda has warned that proposed new legislation for Scotland controlling where retailers can sell alcohol will harm consumer choice. The draft law, introduced to the Scottish Parliament this week, requires retailers to limit stocks of...