Comment: Wal-Mart Asda get it right with Netto deal
That Asda, the UK arm of Wal-Mart and the country's second-largest retailer, is keen to open smaller stores is well-known…
ByAsda nets Netto
In a surprise deal, Asda, the UK arm of Wal-Mart, has agreed to buy the local stores of discount chain Netto. The acquisition will give Asda more smaller stores in its estate – a stated goal – but it has met with a mixed reception.
UPDATE: UK: Netto better suited to Europe – MD
Netto MD Claus Juel-Jensen today (27 May) spoke of his "heavy heart" at the discounter's imminent exit from the UK…
ByUK: Asda to buy Netto’s UK stores
Asda has struck a deal to buy the UK stores of discount chain Netto as part of the Wal-Mart arm's…
UK: Ambitious Asda outlines food expansion plans
Asda, the UK arm of Wal-Mart, said today (15 April) that it plans to open 100 small supermarkets over the…
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