UK: PRESSURE WILL NOT SWAY SUPERMARKET DECISION

Article Abstract:

According to the UK Competition Commission, political pressure will not affect the outcome of the inquiry into the supermarket sector. Dr Derek Morris, Commission chairman, states that if supermarkets are found to be acting in an anti-competitive way or flouting government policy, the commission has a duty to highlight the matter as an independent body. The Commission expects to have collated a variety of details on prices, costs and profit levels from the major supermarket by the end of December 1999.

Government regulation (cont)

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UK: ASDA ADS TO GET FUNDING FROM SUPPLIERS

Article Abstract:

Asda is running some 10-second advertisements to publicise its latest price cuts. Procter & Gamble and Elida Faberge are jointly funding the promotion while other Asda suppliers set to follow. Asda has made GB[pound] 14mn worth of price rollbacks on household goods and toiletries. Asda is using Wal-Mart's buying power to try and match US prices.

Advertising, ASDA

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UK: SOMERFIELD FIXES STORES DEADLINE

Article Abstract:

13 January 2000 is the deadline set by UK supermarket chain Somerfield to potential buyers applying for its 140 supermarkets and 350 Kwik Save stores. It seems likely that rival supermarkets will be interested in Somerfield outlets whilst venture capitalists are more likely to apply for the Kwik Save sites.

Asset sales & divestitures, SOMERFIELD FIXES STORES

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