UK: Asda: taking the fight to Tesco (COMMENT)
By: Datamonitor | 28 April 2005
Any move from Asda will be an important catalyst in the race to land Somerfield. The Wal-Mart owned group could well see its acquisition target as an important route into the ever-expanding convenience and non-food sectors as it develops a strategy to counteract Tesco's growing dominance of the UK retail landscape.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Any move from Asda will be an important catalyst in the race to land Somerfield. The Wal-Mart owned group could well see its acquisition target as an important route into the ever-expanding convenience and non-food sectors as it develops a strategy to counteract Tesco's growing dominance of the UK retail landscape.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
UK: Tesco profits rise to over £2bn
Tesco, the UK's biggest supermarket chain, has today (Tuesday) reported a 20.5% rise in pre-tax profits to £2.029bn (US$3.84bn) for the 52 weeks ended 26 February 2005.
UK: Tesco plans 40 new stores in central Europe
UK supermarket giant Tesco is planning to open a further 40 stores in central Europe, according to the Financial Times Newspaper.
CHINA: Wal-Mart to open two stores in Beijing this year
US retail giant Wal-Mart Stores Inc, says it will open two outlets in Beijing this year, and at least one more store next year, according to an Asia Pulse report.
