Tagged: asda

Big Deals of 2018 Skyrocket in Arkansas by 267 Percent

by Jan Cottingham 2/11/2019 12:00 am

The value of big deals in Arkansas leaped to $53.9 billion in 2018, a 267 percent increase over the $14.7 billion figure of 2017.

Walmart Raises Outlook As Sales Spike in Stores, Online

by Associated Press 8/16/2018 6:43 am

Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Sales at existing stores jumped 4.5 percent and e-commerce sales grew 40 percent.

Sainsbury's to Buy Asda From Walmart in $10.1B Deal

by Associated Press 4/30/2018 6:49 am

Sainsbury's has agreed to buy Walmart's U.K. unit, Asda, for $10.1 billion in cash and stock in a deal that would create Britain's largest supermarket chain.

Aldi Fires $3.4B Shot in US Supermarket Wars

by Nandita Bose, Reuters 6/12/2017 7:39 am

German grocery chain Aldi Inc. said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising the stakes for rivals caught in a price war.

Cuker Attorneys Seek $4.1M in Fees for Wal-Mart Case

by Arkansas Business Staff 5/29/2017 12:00 am

The lawyers who successfully represented a Southern California digital design firm in a lawsuit that resulted in a $12.4 million jury verdict last month against Wal-Mart Stores Inc. have asked the U.S. District Court judge to award them court costs and attorneys’ fees.

David v. Goliath (Gwen Moritz Editor's Note)

by Gwen Moritz 5/29/2017 12:00 am

A recent story on the lawsuit between Wal-Mart Stores Inc. and Cuker Interactive was just chock full of life lessons — clichés, really — whether you see yourself as David or Goliath.

A Look Inside a $12.4 Million Slap at Wal-Mart

by Mark Friedman 5/15/2017 12:00 am

Last month a federal jury in Fayetteville ordered Wal-Mart to pay $12.4 million for damages that included willful and malicious misappropriation of Cuker’s confidential information and trade secrets.

Wal-Mart Aims to Leverage British Arm Asda Back to Health

by James Davey, Reuters 2/8/2017 10:11 am

Wal-Mart is throwing its weight as the world's largest retailer behind its struggling British arm Asda after admitting it was too slow to respond effectively to the threat posed by the discount supermarkets.

Wal-Mart Puts China Boss Sean Clarke in Charge of Asda in UK

by Parikshit Mishra and Paul Sandle, Reuters 6/13/2016 7:39 am

Wal-Mart has turned to the chief of its Chinese business Sean Clarke to revive Asda, its British supermarket group.

Wal-Mart's Asda: More Price Cuts as Grocery Wars Heat Up

by Anne D'Innocenzio, The Associated Press 1/12/2016 4:40 pm

Wal-Mart's United Kingdom operation Asda, is investing another 500 million pounds ($721.9 million) in price cuts as the grocery discount wars escalate.