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Wal-Mart's U.K. Unit Moves Into Northern Ireland

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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-05 03:25 PM
Original message
Wal-Mart's U.K. Unit Moves Into Northern Ireland

Hmmm. I wonder if the IRA will get tempted to break their treaty and do a few bombings here and there when they move there! :)



From: http://www.forbes.com/2005/06/06/0606autofacescan06.html
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Wal-Mart's U.K. Unit Moves Into Northern Ireland
Chris Noon, 06.06.05, 1:04 PM ET

NEW YORK - Doers and doings in business, entertainment and technology:

Asda, the British supermarket chain owned by Wal-Mart Stores (nyse: WMT - news - people ), signed up a tough new spokeswoman late last year: Sharon Osborne, the formidable plum-haired star of Viacom's (nyse: VIAb - news - people ) MTV reality show. Now it's got a tough new market to match. Today, ASDA said it has bought 12 stores in Northern Ireland from its rival Morrison Supermarkets for $133 million. Asda plans to spend another $55 million refurbishing the outlets and will recruit 250 employees by the end of the year to man the new stores. Morrison picked up the stores as part of its $5.5 billion acquisition of Britain's Safeway chain last year, but is concentrating its efforts on its mainland British network. "Opening our first ever stores in Northern Ireland is a very exciting prospect for us and great news for local shoppers," Asda Chief Executive Andrew Bond told the Associated Press. Asda expects the transaction to be sewn up by September, subject to approval from the U.K. Office of Fair Trading.
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-05 03:56 PM
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1. Maybe Catholics & Protestants can work together there for once:
LOL!
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getmeouttahere Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-05 04:04 PM
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2. I'm sorry, Northern Ireland
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deacon2 Donating Member (396 posts) Send PM | Profile | Ignore Mon Jun-06-05 05:20 PM
Response to Original message
3. Assume the store logo will be changed to Orange
Wal-Mart seems a damn fine fit with monarchy and servitude, doesn't it?

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