Asda

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...

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...

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...

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...

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...

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...

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...

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...