Blog: Asda in demand
Dean Best | 11 November 2008
Need an injection of fresh ideas into your business? Where would you go? Management consultants? Investment banks? The answer, it seems, is Asda.
That's right, the business nous of the UK arm of Wal-Mart is in demand at the moment – at least if a charity auction in London last week is anything go by.
Friday afternoon (7 November) saw Caravan, a UK charity for those who have worked or are still working in the grocery sector, hold a fund-raising lunch in central London.
The event saw prizes donated by the food industry, including a day at the Cheltenham racing festival, up for grabs, while lots up for auction included a day of corporate hospitality at Lord's, the home of cricket, next summer.
However, the lure of having Darren Blackhurst, Asda's trading director, spend a day at your office proved hard to resist for some, with the lot raising GBP7,500 (US$11,707) for Caravan.
I'm sure Mr. Blackhurst has a wealth of business insight to pass on but the amount raised, well, raised eyebrows – especially when you consider that the box at Lord's raised a smidgeon more at GBP8,000... and another corporate junket at Wembley for the Carling Cup Final next March raised a smidgeon less.
Just-food could not be sure who won the Blackhurst prize but noticed that tables including a number of Asda personnel were instrumental in bidding up the value of the lot.
The identity of the winner proved something of a curiosity among the journalists at the event, who noted that surely in this business climate suppliers would want to see much less of their retail customers – not more.
To find our more about the Caravan charity, click here.
A year after union officials alleged Fyffes abused workers on plantations in Central America - and called on the produce giant to be kicked out of the Ethical Trading Initiative forum - the company is...
Much of the chatter about where 3G Capital could look next has centred on packaged food - but might the private-equity fund be about to extend its foodservice empire?...
Headlines that Mead Johnson's board has backed Reckitt Benckiser's takeover bid will no doubt overshadow the other news on the group this week – that it is facing a US lawsuit from a “whistle blower” ...
Kantar Worldpanel issued its monthly supermarket share data in the UK this morning - and the numbers showed a change in the identity of the country's top five food retailers....
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Is Mondelez's margin target hurting sales?
- Will Kellogg's DSD exit help it grow in US snacks?
- Nestle plans restructuring as 2016 profit misses
- Kraft Heinz pursuing Unilever in takeover move
- General Mills issues profit warning
- Kraft Heinz returns to organic growth, ups margins
- Kraft Heinz pulls Unilever bid