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Sainsbury’s to shed 800 jobs

Business & Finance : Business Report

British supermarket Sainsbury’s is to axe 800 store jobs as part of a cost cutting programme designed to free up cash to reinvest in the business. ||| British supermarket Sainsbury’s is to axe 800 store jobs as part of a cost cuttin...

Asda sales growth slowed

Business & Finance : Business Report

Asda, the British arm of US retailer Wal-Mart Stores Inc, posted a slowdown in sales growth in its fiscal fourth quarter. ||| Asda, the British arm of US retailer Wal-Mart Stores Inc, posted a slowdown in sales growth in its fiscal ...

Asda Launches Sustainabilty Savings Drive Worth £800m

Utilities / Energy : Environmental Management & Energy News

Sustainability initiatives carried out by U.K. grocery store chain Asda saved the company £70 million ($110 million) in 2010 and it has committed to new goals that it hopes will deliver a cumulative £800 million in savings by 2020. ...

Asda to invest over 500 mln stg in 2012

Business & Finance : Business Report

Asda said it would invest over 500 million pounds ($776 million) this year, opening 25 new stores and three depots and creating up to 5,000 jobs. ||| Asda, the British arm of US retailer Wal-Mart Stores, said on Monday it would inve...

Thousand of jobs at Asda are at risk as supermarkets swing the axe

Business & Finance : Business Insider: Clusterstock

LONDON – Thousands of Asda staff face the prospect of reduced hours or losing their jobs altogether, as the supermarket conducts a wide-ranging review of its workforce. The Guardian reports on Friday that Asda is consulting with 3,2...

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