Asda bites back in prices battle

Article Abstract:

The decision by UK supermarket chain Asda to obtain supplies of Eukanuba dog food from the European grey market and sell them at a reduced price has drawn attention to conflict between manufacturers and retailers over grey market imports. Manufacturers are not permitted to set recommended retail prices, but are currently not prevented from restricting supply. Some branded goods concerns refuse to supply supermarket chains, claiming that supermarkets are not a suitable retail environment for their goods. It is possible that supermarkets will now begin offering other products, especially CDs, at lower prices.

Prices and rates, Brand name products, Brand names, ASDA Group Ltd.

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Tesco to serve up new jobs for 10,000

Article Abstract:

UK supermarket chain Tesco is proceeding with a 500 million pounds sterling expansion programme in 1998. This will lead to the creation of 10,000 new jobs, some through the opening of 22 new stores and some through the introduction of longer trading hours at existing stores. The company saw a 6% rise in profits to 371 million pounds sterling in the first half of 1998, with like-for-like sales growing by 4.3%. It will continue to offer lower prices in its Value range, but will also extend the Tesco Finest range of higher quality foods.

Planning, Tesco Stores Ltd.

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The grocer who still refuses to check out

Article Abstract:

Safeway Chmn David Webster indicates that he would like the firm to be respected by both consumers and the City. He denies that Safeway would consider being taken over.

Supermarket Chains, Officials and employees, Safeway PLC, Interview, Webster, David

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