Asda
Retail
Tesco takes steps to provide transparency to customers
Tesco has recently made changes to 'Price Check' for providing real transparency to customers and reassure them in the face of “misleading claims” by Asda, the company said in a statement.“When we compare our customers’ baskets with Asda’s prices,...
Retail
Discount retail back in fashion as consumers adjust to austere times
Despite a dreadful start to the year for the high street, consumers are spending strongly again in one part of the retail sector, with Britain's discount grocers and Primark, the value fashion chain, welcoming ever more bargain hunters in...
Retail
Supermarket rivals line up for Iceland sale
Some of Britain’s biggest retailers are preparing to look over Iceland Foods, if the sale of a majority stake in the frozen food retailer triggers an auction for the entire value supermarket chain. Wm Morrison is expected to be...
Retail
Asda on expansion spree
Asda is set to open 168 stores in 2011, adding 1.8m sq ft of retail food space in, the largest single year of growth in its history. The additional space is a combination of planned organic growth and the...
Beauty & Wellness
Elizabeth Arden sets date to announce second quarter fiscal 2011 financial results
Elizabeth Arden, Inc. (Nasdaq:RDEN), a global prestige beauty products company, invited investors to listen to a broadcast of the Company's conference call to discuss results for its second quarter of fiscal 2011 ended December 31, 2010. The conference call...
Retail
Morrisons to acquire 16 Netto stores from Asda
UK-based supermarket chain Morrisons has entered into an agreement with Asda to acquire 120,000 sq.ft of additional selling space through the purchase of 16 former Netto UK stores at a cost of £28.1 million. Obtaining the stores is conditional...
Retail
Asda a step closer to acquire Netto Foodstores
The Office of Fair Trading (OFT) has paved the way for Asda to finalise its agreement with Dansk Supermarked A/S to purchase its fully-owned subsidiary Netto Foodstores Limited. A day ago, OFT had asked Asda to sell 47 Netto...
Retail
Asda agrees to buy Netto Foodstores
Asda announced it has reached an agreement with Dansk Supermarked, a Denmark-based retail company, to purchase its fully-owned subsidiary, Netto Foodstores Limited. The transaction, which remains subject to regulatory approval, will enable Asda to convert Netto’s UK locations into...
Retail
Wal-Mart promotes Andy Clarke as Asda CEO
Wal-Mart, the world's largest retailer, has promoted Andy Clarke as chief executive of its British arm, Asda, which is looking to stem a decline in its market share in recent months.Clarke has had a long career in UK retail....
Retail
Asda poised to accelerate small format store openings
Asda plans to open 100 smaller format stores in the next three to five years, according to analysts at JPMorgan.In a note published yesterday, JPMorgan said Asda set out the plans at a supplier conference last week.The UK's second-biggest...
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Latest News
Agilitas Sports acquires exclusive license of Italian brand Lotto
Agilitas has acquired the rights to design, manufacture, promote, and distribute the Lotto brand in India and Australia
Bengaluru: Sportswear and...
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