Asda news and analysis – Page 196
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Asda: Cuts fuelled with £100m
Asda is setting the scene for another summer of supermarket price wars as it raises the stakes on the £70m investment Tesco announced earlier this month. The multiple is taking over £100m off its complete range over the next four months in a bid...
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Asda: introducing the comedy store
Asda has placed an ad in The Stage magazine looking for 100 budding actors to provide instore entertainment for customers as they shop. Prospective greeters will be expected to "keep the instore atmosphere buzzing with a variety performance of...
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Bread: Price of Hovis hiked up by 5p-9p
British Bakeries has fired the first salvo in the fight to raise bread prices with a price hike on 800g Hovis wholemeal. According to The Grocer 33 shopping survey, the price rose between 5p and 9p to 54p in most multiples, except for Asda and...
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Wal-Mart in the UK: The price is right
Andrew Czarnowski examines the effect EDLP has had on Asda's relentless growth in market share Asda's story has much of the blockbuster novel to it. Founded by grounded Yorkshire farmers, once dancing on the brink of bankruptcy, re-incarnated as...
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Wal-Mart in the UK: The last word
Compare and contrast...what the industry had to say at the time of Asda's takeover and the words of wisdom they're offering now, two years on Ex-Tesco chairman Lord MacLaurin of Knebworth (May 1999) "Before entering a new market you must feel you...
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Wal-Mart in the UK: Two years on: happy days
The Grocer had long predicted it, but Wal-Mart's dramatic arrival on the UK scene, scuppering a bid from Kingfisher to seize Asda, astounded many industry leaders and commentators. The entire grocery sector braced itself for the Wal-Mart effect'....
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Wal-Mart in the UK: Big ideas in small spaces
It's Asda's answer to Wal-Mart's neighbourhood convenience format, and it's opened in Bodmin. Exclusive report by Helen Gregory Asda is mirroring Wal-Mart's neighbourhood store concept with the opening of its ...
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Dalepak Foods appoints two commercial managers
Dalepak Foods has appointed two new commercial managers. Tim Redman, 30, joins from William Jackson Bakery where he was national accounts manager. He will be responsible for national accounts, including Asda, Morrisons and Dalepak's food service...
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Wal-Mart annual shareholders' convention: More supercentres
Exclusive Clive Beddall, Bentonville Giant, dual fascia supercentres and smaller format specialist supermarkets will spearhead Asda's retailing strategy as it targets Sainsbury to become the UK's second largest multiple. After a procession of...
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OTC medicines: Multiples react fast to RPM abolition
Asda is leading the way with the depth and number of price cuts across OTC medicines following the abolition of resale price maintenance. According to figures from Information Resources, all the major supermarkets were quick to respond to the legal...
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n With the latest results out, is there hard proof Sir Peter
Sainsbury's fortunes have seemed rather like a runaway trolley over the last few years, complete with wobbly wheels. After years of growing market share, it began haemorrhaging customers and profits while arch rivals Tesco and Asda continued their...
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Asda's decision to turn honest labelling into a competitive
When launching its 200-strong range of Good for you! products, Asda said: "We took a red pen approach and crossed out all the false and misleading product descriptions which can misinform and confuse customers. The result is a range which states the...
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Asda cheapest in survey for fourth year running
Exclusive Sheila Eggleston Asda is still Britain's cheapest food retailer despite facing intense competition from arch rival Tesco. For the fourth year running, the Wal-Mart subsidiary has notched up the highest number of cheapest baskets in...
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Asda again steals show with the cheapest baskets full to the
Sheila Eggleston Asda has again emerged as Britain's best value supermarket, accounting for 24 of the cheapest baskets reported in The Grocer 33 shopping survey during the past year. The only blot on Asda's phenomenal record came this week, when...
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ASDA PLAYS COPYCAT
Sir; We were amused to hear of Asda's latest initiative promising to be open and honest with its food labelling at least on 200 lines. As far back as 1995, the Co-op made a commitment to ensure all its labels gave as much clear information as...
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Wal-Mart: Asda profits exceeding expectations'
Asda is generating total sales growth in the "high single digits," said Wal-Mart chief executive Lee Scott in a conference call to discuss the company's first quarter results. Operating profits in the UK also "exceeded expectations". Although...
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Abolition of Resale Price Maintenance: The multiples get sla
Within hours of the abolition of RPM, the major multiple grocers had unveiled plans to slash a selection of healthcare prices by up to 50%. At Asda, Anadin regular 16s were down from £1.75 to 87p, while other cuts included Rennie 24s reduced from...
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Multiples: JS says it's no 2 in online race
Sainsbury claims it has leapfrogged over Asda, Iceland and Waitrose to become the UK's number two online grocery retailer and the fourth biggest in the world. Jennifer Baker-Hirst, new business development director, said the Sainsbury's To You...
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Multiples sign new Fitou
A new style of Fitou wine was launched in Asda and Sainsbury this month. Called Les Douze, it is the creation of 12 vineyard owners in the south of France who chose the best of their vines for the wine. The new style Fitou is a blend of Carignan,...
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Booker Prize for Excellence: Essex gold mine scoops Booker'
David and Veronica Tubby, whose c-store has thrived despite the close proximity of an Asda, were crowned Best Retailers at the Booker Prize for Excellence this week. Judges described the store Country Produce, Cold Norton, Essex as "the only...