All Asda articles – Page 40
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NewsAsda to slash store staff levels, impacting 3,200 jobs
Asda could axe hundreds of store staff and slash the working hours of thousands more as it battles to cut costs.
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AnalysisBig break or big mistake? The best and worst retail M&A
There were deals galore in last week as B&M snapped up Heron Foods and DFS bought Sofology. We look back at some of retail’s landmark deals.
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NewsToday in retail: Asda slides while B&M swoops
In another day dominated by the value grocery market, Asda has revealed a dismal performance over its past year and B&M has swooped in on Heron Foods.
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OpinionOpinion: Asda – is this the long-awaited nadir?
As Asda pre-tax profits plummet 18.8%, is this rock bottom for the grocer? Ged Futter fears not.
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NewsAsda suffers full-year profits and sales slump
Asda’s full-year performance fell “behind expectations” as the struggling grocer’s profits and like-for-like sales declined.
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AnalysisWhat the Morrisons-McColl’s deal means for grocery M&A
Morrisons’ surprise deal to supply convenience specialist McColl’s took the grocery wholesale and retail world by surprise today.
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DataSun and sport spur biggest food hike in four years
Hot weather and the ongoing summer of sport bolstered supermarket sales as the grocery sector delivered its biggest sales jump in four years.
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OpinionOpinion: Why B&M is not the answer to Asda’s woes
Speculation that Asda is mulling a £4.4bn takeover of general merchandise giant B&M made a splash in the press last weekend.
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NewsAsda casts slide-rule over variety store group B&M
Asda is mulling a £4.4bn bid for variety store star B&M, it has been reported.
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GalleryChristmas in July: This year's festive food trends
The grocers have come out all guns blazing with their festive food again this year, but who will be sitting at the head of the Christmas sales table come January?
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DataData: The 20 most trusted retailers in the UK
In a fiercely competitive retail market, understanding consumers, creating loyalty and gaining their trust has arguably never been more important.
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NewsBusinessman 'secretly mixed horsemeat with beef'
Horsemeat was unknowingly sold by a host of UK supermarket chains after a gang secretly mixed it with beef, a court has heard.
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NewsPeople moves: Koray Gul joins Jones Bootmaker
Koray Gul has been given the sizeable task of turning around the struggling Jones Bootmaker chain, rescued from the brink of collapse earlier this year.
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NewseBay launches price match as it battles Amazon
eBay is launching a price-match guarantee in an attempt to fend off competition from the likes of Amazon and Argos.
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NewsBreakfast briefing: Holland & Barrett and eBay
Retail news round-up: L1 Retail set to receive £800m loan from banks for Holland & Barrett takeover and eBay will launch a price-match guarantee programme.
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NewsDisposable income slumps at steepest rate since 2013
British families suffered steepest drop in disposable income for almost four years last month as slow wage growth and rising energy bills hammered spending power.
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NewsMove of the week: Stuart Machin joins Steinhoff
Almost a decade after leaving the UK to work in Australia, Stuart Machin is back, joining Steinhoff to run its UK retail home and housewares division.
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OpinionOpinion: Tesco must learn from Asda’s job cut mistakes
It speaks volumes that jaws no longer hit floors at Retail Week Towers when announcements of four-figure job losses are made.
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DataData: Supermarkets get summer ‘shot in the arm’
The grocers enjoyed their steepest rise in sales in four years this month as the June heatwave drove revenues.
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NewsBreakfast briefing: Tesco, consumer confidence and more
Retail news round-up: Tesco offers one-hour delivery service; British consumer confidence drops; and supermarket watchdog functions without compliance manager.