Asda
Asda sees first quarterly sales drop for 4 years
Wednesday, May 19th, 2010Like-for-like sales fell by 0.3 per cent, excluding petrol, in the three months to March 31.
Andy Bond, who stepped down as chief executive last week to become Asda’s part-time chairman, admitted that its first-quarter sales had been disappointing.
Andy Clarke, who replaced Mr Bond as chief executive, said: “It’s clearer than ever that the second half […]
Asda plans future with smaller stores
Friday, February 19th, 2010Following the briefing on Asda’s 2009 full year results, CEO Andy Bond has stated it’s time to open a new chapter and focus more on its smaller stores.
Bond said: “As part of our strategy to broaden and accelerate our business, you will see us making progress in a number of areas.
“Through a combination of new […]
Asda says goodbye to Bogofs
Tuesday, March 3rd, 2009Asda claimed today that by Easter 12,500 prices across the store will be lower than they were at the start of the year.
The supermarket says it has already slashed 7,500 prices since 1 January 2009, and this weekend will see the start of a further 5,000 price cuts on everyday essentials.
Asda has also promised more […]
Wal-Mart plans major US job cuts
Monday, February 16th, 2009Wal-Mart plans to cut between 700 and 800 jobs at its headquarters in Arkansas as the recession hits the firm’s US sales.Spokesman David Tovar said the job reductions come as the retailer - which owns Asda in the UK - plans to open fewer stores in 2009.
Marketing and support administration jobs are likely to be […]
Asda set to open eco friendly store
Monday, October 27th, 2008Asda is to open what it claims is the most eco-friendly supermarket in the UK today, based in Bootle, Merseyside.
The shop is 35% more energy efficient than any of its existing outlets, Asda said, and features include green lighting, fridges and a grass roof.
Instead of open-fronted cabinets, the fridges have doors on them. The building […]
Asda rapped over Morrisons price check ads
Wednesday, May 21st, 2008Supermarket giant Asda has been rapped by the Advertising Standards Authority over adverts that misleadingly claimed its prices were cheaper than those of rival Morrisons.
Morrisons complained about the adverts, which compared a 44- and 48-item weekly shop across the two stores.
One advert claimed: “Your weekly shop costs less at Asda. Morrisons £76.65. Asda £69.33.”
Morrisons complained […]
Asda gets tough on parking space abuse
Friday, September 28th, 2007Asda to be first UK business fining disabled and parent and child parking space abusers
Asda is the first UK business to trial imposition of a £60 fine on people parking in a disabled bay without displaying a blue badge. The trial also extends to those using parent and child parking spaces without being accompanied by […]