Asda news and analysis – Page 187
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Safeway bills soaring
The final bill for those involved in the battle for Safeway could top a massive £150m. Research by The Grocer suggests Tesco, Asda and Sainsbury and Philip Green could each face bills of up to £40m, mainly from the professional advisors working...
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Wal-Mart cheers Asda doubles
Sean McAllister Wal-Mart has reported a strong performance from Asda with "double digit" sales growth in the year to January 31 and an even higher profit growth. Asda's like-for-like sales growth for the year, excluding petrol, was in the...
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Asda working to boost morale with NVQ trials
Asda has begun a workplace training scheme to give 1,000 staff the chance to train for apprenticeships and National Vocational Qualifications.A trial is being run in eight London stores following the validation of the company’s in-house...
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Asda employee scheme pays off
Asda staff is to receive a £13.7m bonus as part of the retail giants benefits scheme.This Friday 100,000 employees will pocket the bonuses of up to £300 each as part of the Asda Wal-Mart colleague bonus scheme which was introduced in 2000 -...
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Share needs defining
The Competition Commission will be torn between consumer and manufacturer best interests if the Safeway sale is referred to it by the OFT, according to seminar speakers. An Asda/ Wal-Mart takeover would benefit consumers by bringing prices down...
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Asda builds up links with farmers
Ed Bedington Pig and lamb farmers are set to benefit after Asda reaffirmed its commitment to British agriculture. The retailer has announced plans to extend two successful schemes which have helped to boost farmers' businesses. Dr Chris...
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Asda launches range for kids
Asda is set to follow its rivals in launching a 90-product children’s range, More for Kids.Due on shelves on February 17, the range arrives two years after Sainsbury launched its 170-strong Blue Parrot Café range and six months after Tesco...
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Asda demands security tagging
Asda is asking hundreds of suppliers to put security tags on packaging in a bid to reduce shrinkage by 30%.Asda loss prevention manager Kate Defraja said the new regime would cut store theft, improve customer service, product availability,...
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Licensing Inc gives kids' sector a buzz
Branded links with popular licences are driving growth The kids' sector is a major driver in the cereals market not least because of the potential for product licensing. A spokesman for Asda explains: "The main growth area within cereals...
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Asda rides a volatile week
Asda has knocked Morrisons off the top spot in a week when the retailer chart has proved to be a bumpy ride, with only one remaining in the same position as last week. Morrisons drops to second position and competition is close, with the top...
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Asda's £27m store in Blackwood, Mid-Glamorgan, offers a perf
As the graph shows, Asda has a particularly strong fit to the catchment of the store, which opened in November last year. Only Kwik Save, with its strong Welsh heritage, has a better demographic fit to the catchment based on CACI's Acorn...
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Press round-up ... Safeway
The Sunday Telegraph reported that it had obtained details of the OFT’s unexpected view that the boundaries may need to be redrawn for assessing if any Safeway stores should be sold to Asda, Morrisons, Sainsbury or Tesco.The paper said...
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Asda offers permanent jobs to temps
Asda has offered permanent positions to 2,000 of the 10,000 temporary workers it took on at the end of last year to cover the run-up to the festive period. The supermarket said seasonal workers and students traditionally filled its...
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Angus breed brand success
Vic Robertson Asda's switch to Aberdeen-Angus beef for its Extra Special' range has cut customer complaints about quality by 60%, the multiple has claimed. In the six months since its launch, the range has built up a £3m a year market ...
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Asda product recall
Asda has warned its shoppers to return a number of products, which have been mislabelled with a milk-free icon and available at its stores from next Monday, February 17.The products do not contain milk but have been produced at a factory...
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Game of consequences
Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can’t afford to let either of them get their hands on it. Sir Ken Morrison, meanwhile, looks set to laugh all the way to the...
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Game of consequences
How will the smaller players be hit by the fallout from the battle for Safeway asks Elaine Watson Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can't afford to let...
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Asda payout for injured shopper
An Asda customer has been awarded £500,000 damages after slipping on a mushroom in its Hatfield store in July 1997.Asda said in a statement: "We are sorry about the circumstances that led to Mrs Jackson's injury. We have taken every...
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Supermarkets welcome OFT pharmacy report
Asda said it would accelerate its pharmacy opening programme to meet growing customer demand now that the Office of Fair Trading has recommended that the sector should be deregulated.Asda's pharmacy director David Miles said: "The OFT's...
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It's water with...chocolate
Strathmore is bidding to give chocolate lovers a thirst for water as it rolls out a twist on natural H2O. The brand's Still Spring Water with Chocolate is making its national debut now, rolling into Asda stores. It had previously only been...