|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |    24th of February 2018
|   Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

Cared card News feed Credit card News

All Financial News feed All Financial News




News Tag: Asda

December 14, 2012

Asda flier promotes expensive cash withdrawals

by Jan Harris
Asda flier promotes expensive cash withdrawals
The ‘Asda Price’ slogan took on a whole new meaning after a flier, designed to look like a Christmas card, suggested that Asda Money customers should withdraw cash from an ATM using their credit card. Customers withdrawing cash on their credit card are charged 3 per cent of the amount withdrawn, or £5, whichever is greater, making it a very expensive transaction. The ...




March 26, 2012

Which? criticises insurance comparison sites

by Jan Harris
Which? criticises insurance comparison sites
Consumer group Which? claims that price comparison sites may not always find the best insurance deals for consumers. More and more people are turning to price comparison sites such as GoCompare.com , Confused.com and MoneySupermarket.com to help reduce their outgoings, but a report by Which? suggests that consumers can find better deals by contacting an insurance company directly. The report claims ...




November 16, 2010

Supermarket giant to create thousands of UK jobs

by Kay Mitchell
’Supermarket
Asda, which is the UK’s second largest supermarket, has today announced it will create 7,500 new jobs in the UK next year through expansion and new store openings. The supermarket giant said it will recruit 3,500 staff at new stores, 2,400 for its home shopping service and a further 100 in new pharmacies. In addition, it will hire around 1,500 staff ...




October 8, 2010

Asda to close final salary pension scheme

by Kay Mitchell
Asda to close final salary pension scheme
Supermarket giant Asda has announced it is to close its final salary pension scheme - a decision which will affect almost 4,000 employees. The supermarket, which is the UK’s second largest, is the latest in a series of companies to adopt these measures as final salary schemes have become significantly more expensive to operate. A spokesperson for Asda said: "We need ...




August 17, 2010

Q2 like-for-like sales fall at Asda

by Kay Mitchell
”Q2
Supermarket giant Asda has today announced like-for-like sales (excluding fuel) declined by 0.4% in the second quarter. The fall was attributed to the tough austerity measures introduced by the Government, which has hit consumers, according to Asda. "Asda’s customers are facing recently announced tax increases and cuts in Government spending," it said in a statement. The Wal-Mart owned supermarket expects a difficult outlook as ...




May 27, 2010

Asda expands with purchase of Netto’s UK stores

by Kay Mitchell
”Asda
Supermarket giant Asda has today announced it is to buy the 193 UK stores from Danish discount retailer Netto, in a deal worth £778 million. Netto, currently owned by Dansk Supermarked, has operated in the UK since 1990. The company said it now plans to concentrate on expanding in Scandinavia and Northern Europe. Meanwhile, Asda said that it hopes to complete ...




November 12, 2009

Strong performance at Asda boosts Wal-Mart

by Kay Mitchell
Strong performance at Asda boosts Wal-Mart
The world's biggest supermarket, Wal-Mart Stores Inc, has described the current sales environment as “difficult”. The retailing giant said sales were down 0.4% in the three months to 31 October at stores open for more than 12 months. US consumers continue to rein in their spending as the economy continues to see a rise in unemployment, despite the US emerging from recession in ...




October 9, 2009

Recession see shoppers snub M&S as Primark and Asda grow in popularity

by Kay Mitchell
”Recession
Marks and Spencer (M&S) is no longer Britain's most popular fashion retailer. Shoppers seeking bargains amid the economic downturn means Asda’s George and discount clothing retailer Primark are the nation’s first and second favourite clothes shops. The budget fashion chains are luring shoppers away from the more expensive retailers and this was highlighted last month after Primark ...




March 17, 2009

Asda signs up LV= for breakdown cover

by David Masters
Asda signs up LV= for breakdown cover
Asda's car insurance customers are to be covered for road rescue by LV= following a partnership deal between the two companies. LV's Britannia Rescue division - the UK's fourth largest road rescue company - will provide the cover for an initial period of three years, starting this month. The breakdown products will be sold in Asda's 337 UK retail stores, as well ...




June 9, 2008

Asda teams up with The Children’s Mutual

by Kay Mitchell
Asda teams up with The Children's Mutual
Supermarket giant Asda has announced an association with The Children's Mutual in a bid to encourage customers to invest in their children's future. Asda’s latest savings product, the new ASDA Child Trust Fund (CTF) will be available to customers in-store, over the phone & online. Parents will receive an added incentive of a £5 Asda gift voucher for opening the account or ...