Asda weighs up bid for Early Learning Centre

"Asda has a lot of space in its supermarkets and is looking at different ways to fill it."
Author:
Publish date:
asdapic.gif

The Walmat-owned Asda is interested in buying the Early Learning Centre business from Mothercare.

Sources have told Express that Asda is one of a number of interested parties, stating: “Asda has a lot of space in its supermarkets and is looking at different ways to fill it.

"The Early Learning Centre would be a logical fit for the company, the brand still carries weight with consumers.”

Last year, Asda launched a scheme with Barclays to try out small in-store spots at some of its supermarkets.

The Early Learning Centre cost Mothercare £85 million back in 2007, but Express sources claim the retailer will be forced to sell the business at a 'knock-down' price.

Related

Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.