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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Apr- 2023 -18 AprilSupermarkets
Food and drink inflation in supermarkets surges 17.2% in March
Overall food and drink inflation in supermarkets rose 17.2% in March, up from 16.5% last month, according to data from Which?. The price of porridge oats increased 35.5% across Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose compared with last year. Alongside this the price of cheddar cheese rose…
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17 AprilSupermarkets
Asda to trial driverless deliveries in London
Asda has partnered 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. The Wayve self-driving vehicles will join Asda’s existing online delivery operation at the Park Royal superstore in West London…
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14 AprilNews
Asda to offer a paid day off for King’s coronation
Asda has recently announced that any hourly paid store workers scheduled to work on bank holiday Monday (8 May), will be able to request a paid day off to participate in the ‘Big Help Out’, a national day of volunteering to mark His Majesty The King’s Coronation. For the Big…
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4 AprilSupermarkets
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer launched a new ‘Asda Express’ convenience brand to bring its great products and low prices to more communities across the UK. The first two Asda Express stores opened before Christmas…
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3 AprilPeople Moves
Co-op chair Allan Leighton set to step down
Co-op chair Allan Leighton is set to step down from his role due to corporate governance rules. In February 2024 Leighton will have been chair of the group for nine years meaning he must step down. According to the Telegraph, Co-op has hired City headhunting firm Odgers Berndtson to find…
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Mar- 2023 -29 MarchSupermarkets
Asda profits fall 24% to £886m amid attempts to mitigate inflation
Asda has revealed its full-year profits declined 24% to £886m during the 52-week period ending 31 December due to its attempts to mitigate inflationary pressures for customers. It revealed total sales (excluding fuel) increased by 0.1% year-on-year to £20.45bn amid a “strong upturn” in performance in H2, with like-for-like sales…
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29 MarchProperty
Aviva acquires Southampton retail park
Aviva Investors, the global asset manager of Aviva plc, has revealed it has acquired the Hedge End Retail Park in Southampton, alongside the separate purchase of an Asda superstore in Hayes, Middlesex. It said the two deals continue Aviva Investors’ desire to act as a strategic buyer of real estate…
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28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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28 MarchNews
Matalan appoints new CEO and chair
Leading omnichannel fashion and homeware retailer Matalan has announced the appointment of Jo Whitfield OBE as CEO of the company and Karl-Heinz Holland as chair. Holland previously spent 23 years at Lidl Group, six of those as CEO. He also served as CEO of DIA Group, a leading network of…
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27 MarchSupermarkets
Issa brothers near £12bn Asda forecourts deal
The billionaire owners of Asda are reportedly nearing the completion of a merger of the supermarket chain and its UK petrol stations, which are operated by EG Group. According to The Sunday Times, the move forms part of efforts to cut the forecourt group’s debt burden. The deal is reportedly…
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