Firm relies on ‘contingency plan' for Xmas after EUK falls into administration
Asda has confirmed to MCV that it has started buying stock directly from entertainment suppliers – to avoid a Christmas stock crisis in the wake of EUK’s demise.
MCV understands that the firm still had six months left on a contract with EUK when the firm fell into administraion yesterday.
Asda first admitted the existence of a plot to buy direct from suppliers in October – but said that it would only exercise it should Woolworths’ problems affect its trading.
The company told MCV this morning that it was still “monitoring the situation with EUK closely” and “staying in close contact with the administrators”. Some have even speculated that Asda could make a spectacular takeover of the company.
However, a spokesperson added:
Advertisement
“We have already started putting our contingency plans into action and are confident that customers won’t notice a thing.”
ASDA’s confidence in its Christmas stock levels is shown in its decision to launch a national poster campaign for DVD boxsets – whilst it has promised Take That fans that the group’s new CD will definitely be in stores on Monday.
Comments
Asda Distribution
Asda will now be able to put Games on their shelves far cheaper than Centresoft & Gem sell to us Indies
@ Indie RIP:
That's great for the indie sector then isn't it?
Same day delivery - open seven days, no forced bundles.
Whooohooooo!
A whole new dawn.
Re: Asda Distribution
Maybe it's not just woolies time to die, maybe indies will go the same way.
Theres nothing that indies offer to consumer that the big multiples or supermarkets already dont.
The likes of GAME and Gamestation offer a wider selection of games and the supermarkets offer cheaper games.
Re: Re: Asda Distribution
Looks like Asda will have to do this - I made a quick visit to Morrisons this morning and they've had no new games stock in as a result of the EUK demise. That means no Resistance 2.
Could be a good opportunity here for those who do have stock of the new releases?
Leave a Comment
HOT TOPICS
PS3 Slim already in production? 11
Pachter: PS3 will trump 360 by 2015 11
Warner Bros boss questions pre-owned 9
‘80s home computer war becomes comedy show 9
US: Sony's PS3 titles struggle to hit 1m 9
UK console installed base tops 24m 6
Sony planned UMD-free PSP 'from the beginning' 5
Reborn Woolworths bursts into life 3
Last.FM free to XBL Gold members 3
Blu-ray sales boom in UK 2
RELATED STORIES
Supermarket stock shock looms as EUK relations falter 9
Asda considers bypassing EUK 4
Zavvi buys direct as it cancels orders 14
Zavvi protects cash from administrator 3
Asda firing on all cylinders after EUK collapse 1
Games key for Asda as it switches to EUK 1
Publishers plead: ‘Stop the price wars’ 45
Wii slashed to £145 at Asda 16
Woolworths sales tumble 8
Under-fire EUK comes out fighting
ABOUT US
MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets