Asda
This coverage explores Asda’s strategy, operations, and performance within the UK grocery and retail sector. Reporting highlights store and online developments, product ranges, pricing strategies, financial results, leadership decisions, and sustainability initiatives. With a focus on commercial outcomes and competitive positioning, it provides insights for retail professionals managing grocery, value-driven, and multi-channel operations.
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Jul- 2024 -8 JulyNews
Today’s news in brief-8/7/24
James Timpson OBE, CEO of the Timpson shoe repair chain, has been appointed as the new Minister for Prisons, Parole, and Probation following Labour’s landslide victory in the general election. Timpson, who has been involved in the family business since his school days, has grown the company from 320 to…
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8 JulyNews
Asda publishes latest ESG report
Asda has today (8 July) published its 2023 Brighter Living Report – its fourth report updating on the progress made towards its Environmental, Social and Governance (ESG) targets in the last calendar year. In the “carbon” section, key updates from the report include continued reduction in carbon emissions (scope 1-3),…
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8 JulySupermarkets
Asda scraps four-day work week trial
Asda has reportedly scrapped its trial of a four day work week after staff were left exhausted, according to reports from The Telegraph. Under the trial, employees in 20 of its stores worked a usual 44 hour work week in four days rather than five. However, many staff complained that…
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3 JulyNews
Today’s news in brief-3/7/24
JD.com is reportedly considering a bid for parcel delivery company Evri, progressing to the second stage of bidding after making a non-binding offer last month. Competing companies include InPost and Cainiao, Alibaba Group’s logistics arm, as well as Apollo Global Management. Evri, formerly Hermes, has been exploring options including a…
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3 JulyNews
Asda appoints VP for ecommerce
Asda has appointed David Devany as vice president for ecommerce as it looks to further strengthen its leadership team to deliver against its long-term growth strategy. Devany will join the supermarket in due course from Iceland Foods, where he has held the role of group chief customer, marketing and digital…
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Jun- 2024 -25 JuneNews
Disposable income for low-earning households hits 3-year high, Asda finds
Disposable income for low-earning households hit a near three-year high in May, following a 12.6% increase year-on-year, Asda’s income tracker has revealed. Despite this increase, budgets for these families remain under pressure in real terms, as their take home pay was still not enough to cover bills and essential spending,…
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18 JuneSupermarkets
Supermarket sales slow in May as wet weather dampens visits
Take-home grocery sales rose by just 1.0% over the four weeks to 9 June 2024, marking the slowest increase since June 2022 as poor weather and falling inflation impacted the sector, according to the latest data from Kantar. Growth in footfall has also stalled, with the average shopper visiting a…
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11 JuneNews
Today’s news in brief-11/6/24
One in three Asda staff have reported being attacked at work, according to a survey conducted by the GMB union. The poll of nearly 1,000 Asda employees revealed incidents of being stabbed, punched, threatened with syringes, and other violent acts, including delivery drivers being chased by cars and confronted by…
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11 JuneSupermarkets
One in three Asda staff attacked at work, GMB finds
One in three Asda staff have stated that they have been attacked at work, according to a new survey from the GMB union. The survey includes reports of workers being stabbed, punched and threatened with syringes. The poll of almost 1000 Asda workers found that staff had been spat at,…
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7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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