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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Jun- 2023 -26 JuneSupermarkets
Supermarket leaders to be questioned over rising prices
Supermarket leaders are set to be questioned by MPs this week regarding claims they could be profiteering from rising food and fuel prices. According to The Sunday Times, Morrisons CEO David Potts will be among the supermarket bosses to be questioned by MPs on the business committee tomorrow (27 June).…
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22 JuneNews
Matalan makes two senior executive appointments
Matalan has announced the appointment of Phil Hackney as chief supply chain operations officer and Katherine Davis as chief retail officer. These new senior executives will report directly into Jo Whitfield as CEO. The roles have been created to support Matalan’s transformation, unlocking improvements to the customer journey as the…
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21 JuneSupermarkets
Aldi becomes Scotland’s 3rd biggest supermarket by volume, Kantar finds
Aldi Scotland has revealed its volume share of the grocery market has increased to 11%, moving ahead of Morrisons and Sainsbury’s for the first time to become the third biggest supermarket, according to new data from Kantar. Aldi Scotland now commands a higher volume market share than Co-op (7.2%), Sainsbury’s…
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20 JuneSupermarkets
Grocery price inflation falls to lowest level this year
Like-for-like grocery price inflation has dropped to its lowest level since 2022 and now sits at 16.5% for the four weeks to 11 June 2023, according to the latest data from Kantar. British take-home grocery sales rose by 10.8% over the month in comparison with the same period last year.…
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15 JuneSupermarkets
Issa Brothers near £650m Asda property sale
Mohsin and Zuber Issa are on the brink of selling a part of Asda’s property portfolio to a US investor in a deal worth £650m, The Times has reported. According to The Times’ understanding, following a “competitive” bidding process, the New York-based investor Realty Income Corporation is close to buying…
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14 JuneSupermarkets
CMA orders Sainsbury’s and Asda to stop anti-competitive land agreements
Sainsbury’s and Asda have recently been ordered to stop using unlawful anti-competitive land agreements by the Competition and Markets Authority (CMA). The unlawful agreements include placing restrictions on land they own from being used by a rival supermarket, a move which doesn’t allow shoppers to have more choice and benefit…
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14 JuneSupermarkets
Asda to freeze prices on more than 500 products
Asda has announced that it has frozen the prices of over 500 branded and own-branded products following an investment to “give customers more control over what they spend each week”. The price lock, which runs until the end of August, includes cupboard essentials such as cereals, pasta and tea, as…
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9 JuneSupermarkets
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans following the sale of its UK operations to Asda’s Issa Brothers. This three-year amendment and extension will reportedly apply to the group’s remaining $3.4bn (£2.7bn) of term loans due in…
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6 JuneNews
Aldi crowned cheapest supermarket for the 12th month in a row
Aldi has been named the UK’s cheapest supermarket in May by Which? for the 12th consecutive month. The consumer champion’s analysis, which involves comparing the average prices of a shop consisting of popular groceries at eight of the UK’s biggest supermarkets, found that Aldi shoppers could save over £18 on…
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May- 2023 -31 MaySupermarkets
Asda chair slams ‘clumsy’ food price cap plan
The chair of Asda and EG Group has criticised the government’s “clumsy” plan to introduce price caps on food staples. On a call to reporters, Lord Rose, who is also the former boss of Marks and Spencer, told outlets that “you can’t interfere in the markets” and warned of the…
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