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Netto primarily expanded in central England, before moving into Southern England, namely London.In January 2005, plans for a £200 million investment in South Wales were announced, but were cancelled for logistical issues, resulting in the sale of stores in Barry and Caerphilly. 1,700 jobs were promised in the expansion, but only a few were created.
In 2010, Netto UK was sold to Asda for £778 million to help Asda increase its smaller store portfolio. The rebranding of 147 former Netto stores under the Asda brand was completed in late 2011. Competition laws required Asda to sell the remaining 47 stores to other companies, such as Morrisons, new convenience store UGO, and other retailers.
Was a no frills supermarket. In 2010, Asda acquired Netto UK for £778M from Dansk Supermarked Group. In 2011, 147 of the stores were rebranded under the Asda Supermarket name, with the remaining 47 stores being sold off to other companies such as Morrisons and new convenience store UGO and other retailers due to competition laws. Netto: 2014 2016
The United Kingdom Netto stores, also set up in 1990, were later sold to the British supermarket chain Asda, (owned by the United States retailer Walmart), in 2010. However, in 2014, Dansk Supermarked relaunched Netto UK stores as a 50:50 joint venture with another British supermarket chain, J Sainsbury plc.
The remaining stores continued to trade as Netto stores until early 2011, when Asda integrated the stores into its supermarkets division, designated for shops smaller than 2,300 m 2 (25,000 sq ft). [83] These former Netto stores form the core of the Asda Supermarket format. [84] As of 31 January 2021, there are 207 supermarkets. [82]
In June 2011, Haldanes Stores went into administration, and its stores closed, including the two stores branded as UGO. In February 2012, UGO Stores was itself placed in administration, and the chain was bought by Poundstretcher , in a pre-pack sale, [ 9 ] [ 10 ] with 18 of the twenty stores to become part of the Poundstretcher chain [ 11 ] and ...
Netto Marken-Discount, a German supermarket chain owned by Edeka Netto (store) , a Danish discount supermarket operating in Denmark, Germany, Poland Netto UK , a United Kingdom discount supermarket chain which was a 50:50 joint venture between Dansk Supermarked A/S and J Sainsbury plc
Matthew & Son (department store) Matthias Robinson; Mawer & Collingham; McColl's; Menzies Aviation; MFI Group; MK One; Moores Stores; Morgan Squire; Mr Freedom (fashion) Music and Video Club; Music Zone; My Local