Clarke to become chief executive at Asda while Bond steps up to chairman May 11, 2010 CHIEF operating officer of Asda, Andy Clarke, has been appointed to the role of chief executive and president of the US-owned supermarket. His promotion follows last month’s announcement by Andy Bond that he would step up to become part-time chairman at the retailer. Clarke joined Asda in 1992 but left in 2001 for roles at [...]
Andy Clarke set to land Asda chief executive role May 6, 2010 ASDA is tipped to promote its chief operating officer, Andy Clarke, to the top job next week following chief executive Andy Bond’s decision to step aside. Clarke is understood to have been selected ahead of several internal candidates including Darren Blackhurst, Asda’s punchy trading director. Blackhurst has now resigned after five years at the Wal-Mart [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 27, 2010 FINANCIAL TIMES MARKET SHARE SLIP FORCES ASDA TO FIGHT BACK Asda has been forced to fight back with a new marketing push as it saw the slowest sales growth of the big four supermarkets for the fourth consecutive month, according to industry data. Kantar Worldpanel, the consumer research group, found that Asda had the lowest [...]
Asda chief to step down as takeover rumours sweep City April 12, 2010 ANDY Bond is stepping down as chief executive of Asda in a shock move ahead of his unveiling of the company’s five-year strategy plan. Bond is stepping into a new role of chairman on the board of Asda – a subsidiary of US retail giant Walmart – the firm said yesterday. The role will start [...]
Asda chief Bond to step down April 12, 2010 ANDY Bond is stepping down as chief executive of Asda in a shock move ahead of his unveiling of the company’s five-year plan. Bond is stepping into a new role of chairman on the board of Asda – a subsidiary of US-giant Walmart – the company said yesterday. The role will start off full-time to [...]
High street sales bounce back February 25, 2010 HIGH street spending bounced back this month as shoppers returned in force for the first time since the big freeze. The quarterly Confederation of British Industry (CBI) report showed that 46 per cent of retailers said business was up in February 2010 compared with the same period last year. Sales of clothes and household goods [...]
Allan Leighton: the man behind Crozier’s move January 28, 2010 ITV chairman Archie Norman yesterday said he had scoured the world for a new chief executive before finally settling on Adam Crozier. But the man he eventually chose came via a more direct route, through his friendship with long-time friend and former Asda colleague Allan Leighton. Norman – chief executive and then chairman of Asda [...]
The big freeze hits January retail sales as shoppers avoid high street stores January 27, 2010 THERE was more gloom for the UK’s economy yesterday after retail sales for January look likely to have stalled after snow and the VAT hike kept shoppers away from the high street. The Confederation of British Industry’s (CBI) monthly distributive trades survey showed that the balance of retailers reporting an increase in sales fell to [...]
Big freeze and VAT hike hit January sales January 27, 2010 RETAILERS suffered in Britain’s big freeze as shoppers deserted the high street at the start of the year. Figures from the CBI laid bare the grim news for shops with poor weather and the end of the VAT reduction taking their toll in January. The monthly survey found that 36 per cent of retailers saw [...]
Slow start for Christmas sales season December 17, 2009 The Christmas shopping season has got off to a slow start, with retailers reporting a fall in sales volumes in November, dampening hopes of a bumper festive period on the high street. Figures from the Office for National Statistics (ONS) showed that retail sales volumes unexpectedly fell by 0.3 per cent in November. Department stores [...]