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ASDA Isle of Wight

The ASDA Isle of Wight plans to open in Newport.

The supermarket chain received planning permission in Dec 2014 to build a supermarket just outside Newport, Isle of Wight. They currently have 525 branches across the country and employ 160,000 people.

ASDA is subsidiary of the American retail corporate giant Walmart. Below are articles relating to the supermarket chain.

7, December 2015·2 min read

IWC: £1.7m of ASDA money could kickstart community energy scheme

The first of its kind on the Isle of Wight, this community energy scheme could give residents the opportunity to invest in the scheme and receive “an attractive return on their investment”. The IWC may invest £1.7m of ASDA money to get it started.

28, September 2015·1 min read

ASDA pays £17.75million for council land on the Isle of Wight

After negotiating a £2.4m discount on the original price, Asda have now paid the £17.75million price tag for the land at St George's Park in Newport. Work on the site could start as early as Spring 2016.

15, May 2015·1 min read

Council agree to slash £2.4m off land price in ASDA deal

Council Executive agree to vary the terms of the ASDA lease, but say that if it's not completed by 1st September they'll take legal action against ASDA for breach of contract.

8, May 2015·2 min read

ASDA seeking ‘big savings’ and ‘price lock’ over land deal

The council's lawyers say pursuing ASDA for breach of contractual obligations could cost them over £1,000,000 so Executive members are being asked to consider secret recommendations instead.

21, January 2015·1 min read

ASDA rivals get go ahead from council on option to buy land

The option to buy two strips of redundant land next to the Newport Football ground from the Isle of Wight council for £350,000 will last for five years.

20, January 2015·1 min read

Island Labour councillors seek ‘more imaginative use’ for ASDA £20m windfall

The Labour councillors say investing some of the expected £20m windfall from ASDA to help save services is a 'no-brainer' and will call on fellow councillors to agree their motion at Wednesday evening's full council meeting.

14, January 2015·1 min read

Staggering amount of money coming to council from ASDA deal

A major, major boost to the council's finances is on the cards from the ASDA deal - but it's unclear if the council know they've disclosed it, as they officially refused to give it to us.

9, January 2015·2 min read

Council considering selling Newport land for £100,000 less than valuation and asked to rush sale

South Coast Leisure are seeking a five-year option to buy council land (next to where the new ASDA is planned) for £100,000 less than the valuation and want to rush it through before the beginning of February.

4, July 2014·2 min read

Letter: Confused at Islanders’ jubilation over ASDA decision

This reader believes the anticipated (by some) arrival of ASDA in Newport "is not good for the Island - not good for jobs, not good for choice and not good for our souls."

3, July 2014·1 min read

ASDA reveal dates for new supermarket in Newport

Now the planning application has been approved, ASDA's head of UK Property Communications shares plans with OnTheWight.

2, July 2014·1 min read

ASDA planning application: Planning Committee make their decision

Planning Committee members had two alternative planning applications for out of town supermarkets to consider tonight.

19, June 2014·1 min read

Councillors decide fate of ASDA planning application next month

If ASDA get the go ahead to build a new supermarket on St George's Way in Newport, they say it will create 450 jobs.

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