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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Oct- 2023 -5 OctoberNews
Today’s news in brief-05/10/23
Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT operations. TCS will implement cloud-based ERP platforms to streamline various processes including supply chain forecasting, buying, and merchandising. This move aims to enhance customer experience, innovation capabilities, and maintain market…
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5 OctoberSupermarkets
Asda signs TCS deal to overhaul IT operating model
Asda has signed a multi-year partnership with Tata Consultancy Services (TCS) to support its digital transformation and implement a new organisation-wide IT operating model. The move follows its separation from former owner Walmart, with TCS noting its cloud, AI, and security solutions will now help ASDA deliver the divestiture “smoothly,…
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Sep- 2023 -28 SeptemberNews
Today’s news in brief-28/09/23
Rami Baitiéh will take over as Morrisons’ new CEO from November, succeeding David Potts, who has held the position for nine years. Baitiéh, previously a chief executive at Carrefour France, will work closely with Potts during the transition. Potts expresses confidence in Morrisons’ future growth, highlighting the company’s unique position…
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28 SeptemberNews
Asda introduces new commercial operating model
Asda has briefed colleagues on plans to introduce a new operating model for its commercial function at its home office in Leeds. The change is part of Asda’s ongoing transformation to ensure it has the right structures, technology and people skills in place to support its long-term ambition to become…
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20 SeptemberNews
Today’s news in brief-20/09/23
Dunelm announced record sales in its full-year results, with revenues rising by 5.5% to £1.64bn. However, profits fell by 7.7% to £192.7m. The company attributed the strong sales to cost reductions on over 1,000 products and the strength of its product range. Dunelm also invested over £20m in digital operations…
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20 SeptemberSupermarkets
Asda appoints new leaders to tech team amid Walmart separation
Asda has announced the appointment of Adrian Berry and Rob Barnes to its technology team to oversee the development of its new technology strategy and separation from Walmart. Berry will join early in 2024 as the retailer’s new chief technology officer, where he will be responsible for all core technology…
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12 SeptemberSupermarkets
Grocery price inflation drops to 12.2%
Grocery price inflation has dropped to its lowest level in over 12 months at 12.2% for the four weeks to 3 September 2023, according to the latest data from Kantar. Take-home sales from the grocers rose by 7.4% compared with the same period in 2022, a slight increase on the…
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11 SeptemberSupermarkets
Morrisons considers offloading petrol forecourts in £2.5bn deal
Morrisons is considering offloading its 340 fuel retail sites in a £2.5bn acquisition by CD&R-owned Motor Fuel Group (MFG), Sky News has reported. News of the talks between Morrisons and MFG comes months after CD&R stopped a potential sale of the latter business. It is understood that the retailer opened…
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6 SeptemberSupermarkets
Aldi named cheapest supermarket for 15th month in a row
Aldi has been named the cheapest supermarket for the fifteenth month in a row, according to Which’s Cheapest Supermarket Price Comparison data. The data looks at the cost of a basket of items, including groceries and household essentials. The latest research shows that in August Aldi was £14.30 cheaper than…
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1 SeptemberNews
Asda appoints new chief customer officer
Asda has announced that David Hills has joined the supermarket today (1 September) as its new chief customer officer. Hills joins from Aldi, where he was previously group director marketing and communications. He joined the discounter in 2007 and held a number of senior commercial roles before taking up his…
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