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CommentWire
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The discount retailer has outlined ambitious plans, which include the potential for up to 1,500 stores, in a bid to mount a greater challenge to the dominance of the Big Four. Although its enlarged store estate will help it grab a bigger share of the UK grocery market, stealing customers from the likes of Tesco and Asda will be an arduous task.
Published By Datamonitor
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12 Jul 2007 |
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CommentWire
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Aldi's ambitious five-year expansion plan could help it to achieve its long-term goal of 1,500 UK stores, as with a current store portfolio of just under 400 stores, its progress in the UK has been relatively unspectacular. Although major changes to the proposition have boosted sales and shopper numbers, it remains to be seen whether Aldi can become a significant player in the UK grocery market.
Published By Datamonitor
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30 Jun 2008 |
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Expert View
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Amazon has announced its entry into the UK food & grocery market, extending its comprehensive non-food proposition to include over 22,000 food & grocery lines. While the pureplay has made it clear that its offer is at the earliest of evolutionary stages, Verdict believes that it is highly unlikely to have a significant impact on the UK food & grocery market in its current incarnation.
Published By Datamonitor
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08 Jul 2010 |
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Expert View
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Given the rising top-up shopping trend, the UK's convenience retail industry is expanding rapidly. However, fuel retailers have not been able to fully exploit the opportunity, and their efforts thus far have been inadequate in changing consumers' unfavorable perceptions of forecourt shops.
Published By Datamonitor
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27 Jun 2011 |
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Expert View
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Asda has announced plans to open 20 new Asda Living stores over the next 12 months. The rollout of Asda Living stores has been slow, with just seven opening since the first was launched two and a half years ago. This announcement suggests the retailer is now happy with the format and more confident of its potential. However, finding suitable sites will remain a challenge.
Published By Datamonitor
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21 May 2007 |
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Expert View
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Following flagging like-for-like sales, Asda has announced the re-launch of its mid-tier own-brand offer under the Asda Chosen By You name, including 500 new and 1,000 reformulated products. Verdict believes that the grocer's initiative will help it appeal to those consumers looking to trade up, and will provide a solid foundation from which it can improve perceptions of its proposition's quality.
Published By Datamonitor
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22 Sep 2010 |
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CommentWire
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Asda's GBP778 million acquisition of Netto's UK chain has the potential to provide an essential boost to the supermarket, which has shown the weakest performance of the Big Four grocers in 2010 thus far. In particular, this acquisition will help Asda to significantly expand its portfolio of smaller stores in an effort to exploit the rapidly growing convenience market.
Published By Datamonitor
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02 Jun 2010 |
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CommentWire
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George's upcoming range of clothing will be a substantial investment, with 1 million garments designed and produced in the UK - but as a proportion of George's total sales, which topped GBP2 billion last year, this is still a relatively minor gamble. The move is also in line with evolving consumer demands and should help to improve George's image.
Published By Datamonitor
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26 Mar 2007 |
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CommentWire
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That Asda is sounding out the competition authorities regarding the potential for a Sainsbury takeover is not all that surprising given its growth outlook compared to Tesco's. While highly unlikely that Asda would be allowed to complete a takeover, if nothing else, the move provides an opportunity for the retailer to promote its competitive agenda.
Published By Datamonitor
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27 Mar 2007 |
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Expert View
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Asda delivered an impressive 12th successive quarter of market out-performance in Q1 2009, with like-for-like sales increasing by 8.4%. While Asda's strong price proposition is attractive to the current frugal consumer, therefore boosting growth, the retailer must continue to improve its quality perception to ensure that this performance is maintained in the long term.
Published By Datamonitor
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15 May 2009 |
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