1. News
September 3, 2018updated 04 Sep 2018 9:23am

UK retailer Asda opens Merchandising Centre of Excellence in Leeds

British supermarket retailer Asda has opened its Merchandising Centre of Excellence (MCE) in Leeds, Yorkshire.

British supermarket retailer Asda has opened its Merchandising Centre of Excellence (MCE) in Leeds, Yorkshire.

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

Located on Great Wilson Street, the MCE includes a full-sized model store featuring different shelf layouts and a virtual reality lab, which will be used to test store layouts and construction plans virtually.

The facility has a 650-seat auditorium to host conferences for colleagues and suppliers, as well as 148 colleague parking spaces.

Asda MCE manager Shaun Bamforth said: “The new MCE is a significant investment for Asda and a great way for us to ensure that we’re getting everything right for our customers before we roll it out to stores.

“The new MCE is a significant investment for Asda and a great way for us to ensure that we’re getting everything right for our customers before we roll it out to stores.”

“It’s also a boost to the local economy in Leeds as well as the investment during the construction phase. The site gives us the ability to host conferences and events that will bring thousands of people into the city centre each year.”

In July, Asda revealed plans to close its Enfield Home Shopping Centre in North London.

The decision follows the retailer’s investment in digital capabilities and the opening of two fully automated Home Shopping Centres in London over the last 18 months.

Asda entered consultation with colleagues working at the facility as the closure proposals would affect them.

In another development, the UK Competition and Markets Authority (CMA) launched the first phase of a formal investigation into the proposed merger of British retail giants J Sainsbury and Asda Group last month.

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.