Asda news and analysis – Page 205
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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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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...
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Asda: Landslide wrecks Brighton store
Asda has been forced to close its Brighton Marina store indefinitely after the building was partly demolished by a 4,000 tonne landslide. "The extent of the damage has yet to be confirmed and it's therefore much too early to say when the store...
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Budgens: Rising through the ranks
Budgens is planning to push another 50 employees up through the ranks as its retail management training scheme goes into its fourth year. The scale of its scheme is on a par with that of Asda, said Budgens, and leaves the other big multiples...
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Multiples: Tesco's Leahy warns of no price war let-up
Tesco has vowed to continue its price war with the rest of the sector after announcing record-breaking £1.07 billion profits. Chief executive Terry Leahy said its price battle would continue with the whole industry, not just Asda. "There won't be a...
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Asda backs Sidekick
Asda has put its marketing weight behind the off-trade launch of Bulmers' new single shot schnapps, Sidekick. The brand has gone into all 241 stores and spirits marketing manager Mary McCarry said: "We are delighted with the consumer response. The...
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Multiples and designer gear: Grey fight breakthrough
Asda has put grey market designer sunglasses on sale as the European Court of Justice rules in favour of Tesco in its battle with Levis. The interim ruling clarifies EU law on grey market imports and will open the floodgates for sales of knockdown...
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Asda goes for e-procurement
Asda is to ask its suppliers to join the cyberspace race in a move to speed up its procurement process. It will be the second major multiple to adapt a new software package from Ramesys for use across its supply chain. The online system is already...
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Foot & mouth crisis week 5: Multiples fork out for farmers
Helen Gregory Multiple supermarkets forked out £2m to help beleaguered farmers hit by foot and mouth disease this week as the crisis took a dramatic turn for the worse with the first confirmed cases in the Republic of Ireland. Asda, Marks &...
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BSE: JS abattoir tests are misguided'
Sainsbury's will confuse consumers with its introduction of BSE testing on beef, according to rival supermarkets. The multiple announced this week that it will trial the new test for slaughtered cattle at its suppliers' abattoirs. But an Asda...
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Asda: the new strategy
All systems low Asda claims it can build three stores for the price of two, aims to beat the industry on price and push non-food hard, says Helen Gregory The Asda board is upbeat about the chain's future and blunt about its failings.Its youthful...
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Asda: SMART ideas
Asda aims to have all its stores running Wal-Mart's SMART system by the end of October, after using it successfully in 20 shops. At the heart of the system are Telxon radio frequency hand-held scanners and tiny shelf edge label printers which...
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New World wines take a tilt at edlp
Rising costs for New World wine producers have prompted some of them to push through price increases. Some multiples have accepted the increases but they have not gone down well with those with edlp policies. Asda is currently in discussion with...
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Multiples: Asda to give more space to its non food offering
Asda plans to push its non food offer harder by devoting extra floor space. Twelve superstores will get an extra 5,000 sq ft of non-food space this year by reducing the food hall by 15%. Lines will not be cut back, but footage will be used more...
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The Grocer 33: Meat falls foul of panic buying while fruit n' veg are stalled
Business was brisk at meat counters across the regions because of the foot and mouth epidemic, but only Asda Wal-Mart, Havant, showed evidence of panic buying. The store had plenty...
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Human resources: Asda seeks talent among minorities
Asda has launched a campaign to boost its recruitment and promotion levels among ethnic minorities. Called Talent Race, the campaign has begun with the distribution of leaflets in stores to attract recruits. In addition, workshops will be held for...
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Multiples: Asda's showing exceeds hopes
Wal-Mart singled out its UK Asda operation as a top performer as it reported final quarter results for 2000. Lee Scott, president and CEO, said: "Asda continues to be a model acquisition, exceeding its dollar plan for the year and for the quarter...
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Tasting panel: PENCIL PINE CHAMBOURCIN
From Bottle Green. Barrington is the first Australian wine company to export this hybrid to the UK where it has been listed by Asda. Abv: 13.5% Price: £5.99 ...
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Europe multiples market share:Tesco at seventh place in the
Tesco may dominate its home market, but it's only ranked seventh in Europe, according to a new index created by IGD. In its European Grocery Retailing 2001 report, Tesco is the only UK based retailer in the top 10. Asda scrapes in at 12 as part...