Asda news and analysis – Page 194
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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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Asda takes The Grocer 33 to all-time low
Asda has yet again driven The Grocer 33 shopping basket to an all-time low, with its Harpurhey store north of Manchester charging £36.43 for our full list. The store is located in a low income area with Kwik Save next door. There were plenty of...
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Asda fish boosted as Simpson upgrades
Kit Davies Asda fish supplier Simpson Seafish has just completed a major upgrade of its Hull plant with a £250,000 spend on new processing and packing machinery. The new capacity allows it to undertake a major new business deal with Asda,...
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Timeline to the Auction
16/10/97 Safeway's reputation is dented by the revelation it has held merger talks with Asda, which claims it would have emerged as the dominant partner. 14/11/97 Safeway's name is again linked with its namesake in the US, and with...
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Giants battle for top spot
Morrisons reclaims the top spot in the chart this week, forcing Asda back down to second place while the remainder of the chart remains stable. Morrisons is particularly strong on alcoholic drinks, with a wide variety of brands on promotion in this...
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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...
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Press round-up
In response to the price cuts announced by Tesco and Asda, communications director at Safeway, Kevin Hawkins, told the BBC’s Radio 4 Today programme that he viewed the reductions with a big touch of scepticism. He said: "We have these so-called...
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Press round-up
Asda increased its sales by 13% last year, according to previously unpublished company accounts. The Guardian said turnover rose to £12.1bn boosted by its George clothing range and other non-food products. The accounts revealed that the...
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Press round-up
Asda and Morrisons could launch a joint £2.7bn bid for Safeway. City bankers told The Observer that Asda was ready to help Morrisons if BHS owner Philip Green makes a counter-bid next month. Bankers told the paper that Morrisons would be...
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Press round-up
MPs are to campaign for the current Planning Bill to be rewritten to stop supermarkets from expanding without planning permission by building mezzanine floors inside existing stores.After Asda almost doubled its floorspace at an out-of-town...
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Asda drinks a toast to gondola ends
Asda moves up one place to take the top spot in the fascia chart this week, pushing Morrisons down to number two. Safeway has increased its share of promotional activity, moving up one place to number three. Asda is particularly strong on price...
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It's a fair bet that the slumbers of Wal-Mart CEO Lee Scott
For weeks, the story on both sides of the pond has been about Wal-Mart making a bid for Safeway in a move that would consolidate its already strong stake in the UK trade through Asda. Indeed, one story, widely circulating in Wall Street...
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Super chance' proclaims Sir Ken
John Wood Morrisons stunned the industry this week with a takeover bid for Safeway that would catapult it over Asda into third place in UK market share and leave it snapping at the heels of Sainsbury. Morrisons executive chairman Sir Ken...
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Wal-Mart offers new loan notes for Asda debt
Wal-Mart, the US parent of Asda, has informed holders of the UK supermarket’s bonds and loan notes of an offer to exchange all outstanding Asda debt securities for sterling denominated fixed rate Wal-Mart notes due in 2013.Wal-Mart said the...
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Brands dress up for the party
Morrisons remains at the top of the retailer chart, although Asda leaps into second spot with a New Year surge driven by promotion on alcoholic drinks. Somerfield is again last in the ranking although it has increased share during this period....