Now we hear that the struggling Woolworths chain is getting into bed with Asda in a deal that will allow it to supply CDs, games and DVDs to the powerful Wal-Mart subsidiary. Just to show how mighty Asda is, the agreement will add a remarkable £200m to Woolies' turnover. The news comes at at time when Baugur, the buccaneering Icelandic group and Woolies' largest shareholder, is showing signs of impatience with the Woolworths management. Top execs, including Trevor Bish-Jones, have been told bluntly to ‘get their act together'.
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