Asda buys Netto for £778m
 

An interesting deal which will give ASDA smaller stores in the community.

http://www.guardian.co.uk/business/2...sda-buys-netto

Re: Asda buys Netto for £778m
 

778million for a shop I never heard off :)

if asda are wondering why they losing sales I can say here why I moved to tesco 3 weeks ago.

1 - initially it was the sudden removal of products to be replaced by alternatives that were double or more the price.
2 - also the times when I had very poor dates, such as less than 3 days on bread.
3 - damaged/missing items started becoming common during the past couple of months, after a bit of googling it seemed to coincide with a decision by asda to make their delivery guys do double the deliveries. explains why they were always in a rush then.
4 - and finally more sudden removals of items of their website but this time not replaced by alternatives, on my last asda order I had to pick alternatives for half of my regular items, they simply said unavailable.

As a comparison tesco have tons of extra choice on their site, can even buy those nice ready made sandwich packs I love.
Tesco turn up on time, asda were also always late on afternoon deliveries.
Tesco dont rush me to take bags in and even offer to carry them in for me.
Tesco have a later change your mind time, I can change my mind about 4 hours before delivery due.
Tesco seem to have better dates.

The only annoyance I have so far is tesco crisps are aweful compared to asda, tried walkers crisps and they worse then asda crisps as well, so for now having pringles. Tesco sandwich spread is much nicer than asda tho :) also their quiche's nicer.

Re: Asda buys Netto for £778m
 

If this goes ahead you may be able to get your crisps locally.;)

They are buying 193 stores for £778 million around about 4 million per store.

Re: Asda buys Netto for £778m
 

[QUOTE=Chrysalis;35029234]778million for a shop I never heard off :)
QUOTE]

i can'y believe you've never heard of Netto :)

Re: Asda buys Netto for £778m
 

[QUOTE=martyh;35029242]They are not in all areas which can be said also for ALDI and LIDL which are not known everywhere.

Re: Asda buys Netto for £778m
 

I wonder if Asda are going to be doing what the Co-op have done recently when they bought up all the Alldays stores and converted most of them to little local corner shop style Co-ops.They have been very successful round here.
Also the Tesco Express stores all seem to have gone down well too.Seems like a good way to go.After all how many of us have lost the little independent corner shops to big supermarkets?It would be nice to be able to get back to walking to the nearest supermarket instead of driving when we only want a few items. :)

Re: Asda buys Netto for £778m
 

most of the netto stores are probably a tad big to be turned into corner style shops

Re: Asda buys Netto for £778m
 

Netto's stores average only 8,000 sq ft – compared to Asda's 46,000 sq ft average superstore.

Re: Asda buys Netto for £778m
 

I am seriously naffed off about this. Netto beats the socks off both Asda and Tesco on the prices front. I did a weekly shop this morning and on branded goods I probably saved getting on for 30% and on fruit and veg about 50% for better quality produce.

I'm not a happy bunny.

Re: Asda buys Netto for £778m
 

we have all 3 in Nuneaton although if Asda do get the go ahead Netto is bound to close as its only a stones through away from the local Asda

Re: Asda buys Netto for £778m
 

If they kept the NETTO name maybe not but if they want an ASDA LOCAL then stores like that would have to close.

Re: Asda buys Netto for £778m
 

they would also have to keep the netto branding and cheapo nasty stock list or its pointless. The stores are virtually next door all there is is a 5 minute or less walk and a railway station between them lol

Re: Asda buys Netto for £778m
 

They do stock many mainstream brands but overall I would rather shop in ALDI than NETTO, better quality and cheaper prices.

Re: Asda buys Netto for £778m
 

We have an average sized Aldi in Nuneaton and a huge one in Bedworth ( goes to show that I live in a mainly working class area eh lol we only have a small Marks and Spencers lol )

Re: Asda buys Netto for £778m
 

Netto, unlike Aldi and Lidl, carry a lot of recognised brands at highly discounted prices. If my local store becomes an Asda Local store I would expect all the prices to go up in the same way that the stock in the local Tesco Express is dearer than the main Tesco store located a couple of miles away.

Re: Asda buys Netto for £778m
 

I use mainly TESCO or ALDI as they are both close to where I pick the other half up from work and occasionally we use Somerfield/COOP, we go rarely to NETTO and we get our frozen food from either Iceland or Farmfoods.

Re: Asda buys Netto for £778m
 

[QUOTE=Masque;35029246]I guess they like londis? stores in locations for conveniance, and I think you right I cant recall seeing any netto round here.

Re: Asda buys Netto for £778m
 

i got some lamb chump chops from iceland on the way home from work ,the only chump in this story is me twernt any meat on em :(

oh and i sometimes use netto they have some great bargains ,will be sad to see it go :(

Re: Asda buys Netto for £778m
 

No NETTO are supermarkets similar in size to any Somerfield, ALDI or LIDL, they are not a convenience store or a metro sized shop,

Re: Asda buys Netto for £778m
 

Usually a bit bigger than the average Londis. Most of the Netto supermarkets I have come across are on quite large plots with dedicated parking areas rather that just being corner shops.

Re: Asda buys Netto for £778m
 

looks like somethings gone wrong with the quotes tonight mine did the same I just edited it out

Re: Asda buys Netto for £778m
 

seems a strange buy then, asda's gap is they got no presence outside of shopping centres.

Re: Asda buys Netto for £778m
 

I think they are aiming for the small local supermarket scene which are usually located on housing estates rather than on the outskirts of many towns and will bring the ASDA brand to many more people who shop by foot or bus rather than by car.

Re: Asda buys Netto for £778m
 

that's probably true ,all the Netto's up here are in the inner cities and towns whearas the Asdas' are in out of town malls like the metro center ,so if Asda do buy Netto then it will give them a much bigger market and will directly compete with morrisons ,also quite big up here

Re: Asda buys Netto for £778m
 

Similar over here but we have only a few Morrisons which is surprising considering their head office is only 30 miles away.

Re: Asda buys Netto for £778m
 

/me scratches head again been in an inner city area I see no netto. :)

Re: Asda buys Netto for £778m
 

obviously don't have them in leicester :) we've got loads up here so you can have one of ours

Re: Asda buys Netto for £778m
 

Re: Asda buys Netto for £778m
 

nearest is coalville a small town outside of the city.

so yep none in leicester, only leicestershire.

so in my city case asda will remain out of city only.

also appear to have no inner city presence in both derby and nottingham but in half a dozen outlying towns.

Re: Asda buys Netto for £778m
 

It's a tossup between Southampton and Havant for me then.20 miles apart from each other.

I think the Co-Op are onto a good thing with the smaller stores myself.I note they have also gotten a new one on the latest new housing estate here and they have combined as a post office as well.

Re: Asda buys Netto for £778m
 

I wondered why ASDA had not followed Tesco with Tesco Metro or Sainsburys with Sainsburys Local.

It seems they were waiting to snap up a load of stores in one go.

Re: Asda buys Netto for £778m
 

For top quality fruit and veg you really can't beat Kymmy's allotment you know. If you get there when she's busy moderating this madhouse it's all free too ..... :D

Re: Asda buys Netto for £778m
 

This is a very interesting move by ASDA.

The battle for market share in the small to medium 'convenience store' sector seems to be pretty intense.

J Sainsbury took over many 'Jacksons' stores & re-branded them as 'Sainsbury's Local' a while ago.

Other 'convenience store' & 'Symbol groups' such as Spar, Budgens, Londis & Nisa-Todays appear to have performed well in recent times, relying on local footfall rather than 'out of town' shopping - helped, no doubt, by the harsh winter which discouraged travelling too far to shop by car.

The acquisition of Netto would seem to be a 'buy in' to this trend ???

Re: Asda buys Netto for £778m
 

These are full size supermarkets so cannot really be compared to those smaller convenience stores, but they will be a wise investment by ASDA if it is allowed to go ahead.

Re: Asda buys Netto for £778m
 

Some of the one's I mentioned are comparable - for example there are 2,500 Spar stores across the UK, some of them are a match for the Netto stores in size.

Also with some stores it isn't always obvious who they are affiliated with - some quite large 'local' supermarkets retain their own branding, but are still members of a larger purchasing organisation.

Re: Asda buys Netto for £778m
 

We do not have any large Spar stores in this area but I know what you are getting at, most Netto's are around the same size as your average Somerfield store and usually bigger than your average Iceland store by a fair bit.

Re: Asda buys Netto for £778m
 

True & they usually have their own car park, as well, which many other 'convenience' stores don't.

Re: Asda buys Netto for £778m
 

Which is by far the main difference nad will probably bring ASDA a new customer base within local communities that find it difficult to visit a mainstream ASDA store.