UK: Asda hires property development director
UK retailer Asda has appointed Steve Masters as property development director.
Masters will take over from Rob Swyer who is understood to be leaving Asda after ten years at the company.
Previously executive director for property and retailing services for First Quench Retailing, Masters will be responsible for all aspects of new store development and the management of Asda's existing store portfolio in the UK.
It is expected that he will join Asda in the autumn and will report into Asda's COO, Andy Clarke.
"Steve brings with him extensive knowledge of the property sector, which will strengthen the property and construction teams making sure we are best placed to continue to play a leading role in the property sector opening new space across the UK and improving our existing stores for all our customers," Clarke said.
He added: "Despite the economic climate, which has slowed down some areas of the property sector, Asda is actively seeking to expand our store base across the UK. We have recently acquired three stores from the Co-operative Group and will open eight new food stores and four Living stores in the remainder of this year, creating hundreds of new jobs."
Greencore is a private-label giant with a business that spans from sandwiches to sauces and from pickles to puddings. However, with operations centred on convenience, the last year has been a tricky o...
The battle for Cadbury continued this week as the UK firm outlined its case for independence, urging shareholders to reject the advances of predator Kraft Foods. The US group hit back and claimed Cadb...
Peter Marks, the chief executive of UK retailer The Co-operative Group, had reason to smile when he addressed the country's grocery members on Tuesday (13 October)....
Fresh Del Monte Produce is to launch a fresh fruit range with a 'naked' twist for the UK market....
Asda, the UK unit of Wal-Mart, has played down reports that it is trying to emulate Sainsbury's following the use of a slogan first coined by its rival in the 1950s....
The UK grocery sector is "largely buoyant" in the run up to Christmas, industry analysts TNS Worldpanel claimed this afternoon (8 December) - and consumers are showing signs of gaining in confidence....
Tesco has denied that it has upped the pace of new store openings in the UK ahead of proposed regulatory changes designed to increase competition in the grocery sector....
The UK's major supermarkets should be broken up to stop them monopolising the market place, a leading adviser to the Conservative Party said yesterday (26 November)....
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- Analysis: Chocolate sector's deforestation pledge
- US food next wave on display at Winter Fancy Food
- Kraft Heinz cuts jobs in US, Canada
- Unilever invests in Dutch meat substitute project
- Lactalis fails to hit threshold to delist Parmalat
- Fonterra cuts earnings forecast
- Brazil seeks to cool concerns over meat probe