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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May- 2023 -30 MaySupermarkets
Asda acquires EG Group UK for £2.27bn
Asda has announced that it has acquired the majority of EG Group’s UK and Ireland fuel, foodservice, grocery and merchandise business in a deal worth £2.27bn. The deal means that Asda will take ownership of around 350 petrol stations and more than 1,000 food-to-go locations. The UK’s third largest supermarket…
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26 MaySupermarkets
Asda owners set to announce £10bn merger with EG Group
The owners of Asda are said to be in the final stages of completing a £10bn merger between the supermarket and petrol forecourt company EG Group, Sky News has reported. The Issa Brothers, who own both the supermarket chain and EG Group, are reportedly finalising a deal alongside TDR Capital…
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23 MayDepartment Stores
Next staff secure ‘significant’ win in equal pay battle
More than 2,000 Next store staff who are taking legal action against the group for equal pay have won the second stage in their legal battle, which has ruled that their jobs are equal to warehouse jobs within the group. The store staff, who are all current or former sales…
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10 MaySupermarkets
Asda targets Express expansion with new Caine store
Asda has announced plans to open a convenience store in Calne on Tuesday 23 May, which will mark the retailer’s third ‘Asda Express’ format and create 15 new jobs in the community. The store will be located just outside of the town centre on London Road and the new format…
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9 MayFeatures
Reinventing delivery – is driverless delivery the future?
Asda recently announced its partnership with Wayve self-driving vehicles in a year-long trial that will give the supermarket the ability to autonomously deliver groceries to over 170,000 residents across 72,000 households in London. Emile Naus, partner at BearingPoint, tells us about how these driverless vehicles can be cost-effective and efficient…
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9 MayNews
Farmison & Co gets green light to restart operations
Sustainable online butcher Farmison and Co has recently confirmed that it would begin a phased re-opening of operations. After a certification inspection at its Ripon headquarters, the Food Standards Agency has given Farmison the green light to restart operations. A selection of heritage breeds will now go on sale online…
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Apr- 2023 -27 AprilSupermarkets
Asda and EG merger threatens food supply and jobs, says GMB
The merger between Asda and petrol forecourt business EG Group will threaten the UK’s food supply, fuel prices and 100,000 jobs, the GMG union told the trade secretary Kemi Badenoch in a letter. In the letter, the union pointed out that Asda’s debts are already thought to be more than…
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25 AprilSupermarkets
Grocery price inflation dips as Aldi secures 10% market share
Grocery price inflation rose by 17.3% in the four weeks to 16 April 2023, down marginally on the 17.5% recorded in the previous four weeks, according to the latest data from Kantar. Amid rising prices, both Aldi and Lidl hit new record market shares over the latest 12 week period…
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25 AprilClothing & Shoes
JD Sports appoints two new directors to board
JD Sports has appointed Angela Luger and Darren Shapland as its newest non-executive directors, with effect from 1 June 2023. Following their appointments, Luger will join the remuneration committee while Shapland will join the audit and risk committee. Luger brings a “wealth” of retail and non-executive director experience to the…
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24 AprilSupermarkets
Farmison & Co acquired by consortium led by former Asda CEO
Farmison and Co, a sustainable online meat retailer, has been acquired by a consortium led by former Asda CEO Andy Clarke, alongside Chilli Marketing’s Gareth Whittle, Christian Barton and Kieron Barton for an undisclosed sum. In the coming weeks, the consortium will aim to recommence operations at Farmison’s production facility…
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