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06/06/2005
Asda acquires 12 NI Safeway stores
Leading UK supermarket chain Asda is coming to Northern Ireland following the acquisition of 12 existing Safeway stores in the province.
The US-owned retailer said the deal, which is now subject to clearance by the Office of Fair Trading (OFT), would ensure that shoppers in Northern Ireland no longer have to pay more for their weekly shop than shoppers in the rest of the UK.
“Unlike others, ASDA has made a commitment that its prices in its 12 Northern Ireland ASDA stores will be no higher than those found in its 279 stores in England, Scotland and Wales,” a company spokesperson said.
ASDA's president Andy Bond said the opening of their first ever stores in the province was a “very exciting prospect” and great news for local shoppers.
“For the first time we'll be able to bring real competition to Northern Ireland by introducing our great value and unmatchable mix of food, and general merchandise in the converted Safeway stores,” Mr Bond said.
David Smith, ASDA's people director added: "In the next few days a team of ASDA colleagues will be out on the road visiting every Safeway store in Northern Ireland to start the process of getting to know each other better."
As well as purchasing 12 stores, ASDA said plans to invest more than £30 million on modernisation and refurbishment over the next two years as well as creating 250 jobs by Christmas.
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The US-owned retailer said the deal, which is now subject to clearance by the Office of Fair Trading (OFT), would ensure that shoppers in Northern Ireland no longer have to pay more for their weekly shop than shoppers in the rest of the UK.
“Unlike others, ASDA has made a commitment that its prices in its 12 Northern Ireland ASDA stores will be no higher than those found in its 279 stores in England, Scotland and Wales,” a company spokesperson said.
ASDA's president Andy Bond said the opening of their first ever stores in the province was a “very exciting prospect” and great news for local shoppers.
“For the first time we'll be able to bring real competition to Northern Ireland by introducing our great value and unmatchable mix of food, and general merchandise in the converted Safeway stores,” Mr Bond said.
David Smith, ASDA's people director added: "In the next few days a team of ASDA colleagues will be out on the road visiting every Safeway store in Northern Ireland to start the process of getting to know each other better."
As well as purchasing 12 stores, ASDA said plans to invest more than £30 million on modernisation and refurbishment over the next two years as well as creating 250 jobs by Christmas.
(MB)
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Morrisons dismiss takeover speculation
Leading supermarket chain Morrisons has dismissed speculation that it is braced for a takeover. Reports on Friday morning suggested that US-owned chain, Asda, was believed to be on the verge of signing a deal to take over the 13 former Safeway stores in the province. However, a statement for Morrisons said the rumours were “incorrect”.
Morrisons dismiss takeover speculation
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
