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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Feb- 2023 -21 FebruarySupermarkets
Asda appoints new chief customer officer
Asda has announced the appointment of David Hills as the retailer’s new chief customer officer. The current acting CCO, Sam Dickinson, will continue in the role until Hills arrives. Currently, Hills is the current group director of marketing and communications at Aldi. He joined the discounter in 2007 where he…
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20 FebruaryNews
Nearly 15,000 retail jobs lost in 2023
Nearly 15,000 retail jobs have been lost since the start of the year, according to new data from the Centre for Retail Research. It found that 14,874 jobs have been lost as a result of either administration or cost cutting because of the cost of living crisis. Over 11,000 jobs…
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1 FebruarySupermarkets
Grocery Price inflation hits record 16.7%
Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest level since it started tracking the figure in 2008. Overall take-home grocery sales rose by 5.7% during the 4 week period and by 7.6% over the 12 weeks. Aldi was…
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Jan- 2023 -30 JanuarySupermarkets
Asda faces strike action after plans to cut jobs and reduce pay
Asda workers are reportedly planning strike action after the supermarket unveiled plans that could place 300 roles at risk across the business, and affect the pay of over 4,000 hourly-paid workers. A union source told Sky News that GMB representatives met last week after Asda first revealed its set of…
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27 JanuarySupermarkets
Asda to cut 300 roles as 4,000 face pay cuts
Asda has unveiled a series of change proposals that could place 300 roles at risk across the business, as well as affect the pay of over 4,000 employees. As part of plans to cut costs, the supermarket is first proposing to replace overnight ambient and frozen shifts in 184 smaller…
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24 JanuaryHealth & Beauty
Boots offers 1,500 jobs to former Lloyds Pharmacy staff
Boots has announced that it will be recruiting for more than 1,500 pharmacy roles nationwide, extending the opportunity particularly to Lloyds Pharmacy staff that have been impacted by news of closures. The pharmacy retailer’s announcement comes as Lloyds Pharmacy will be closing 237 branches inside nationwide Sainsbury’s stores over the…
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23 JanuarySupermarkets
Asda owners eye potential £13bn EG Group merger
Asda owners Mohsin and Zuber Issa are reportedly considering merging the company with the EG Group ahead of EG’s £7bn refinancing in 2025, according to the Times. Both companies are jointly owned by the blackburn-based brothers and private-equity company TDR Capital. The owners hope that by merging the businesses they…
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18 JanuarySupermarkets
Inquiry launched into Asda’s takeover of Co-op forecourt business
The Competition and Markets Authority (CMA) has launched an investigation into Asda’s acquisition of Co-op’s petrol forecourt business. Last year, Co-op agreed to sell the business to Asda in a £600m deal. The transaction included 132 grocery retail sites with attached petrol stations. At the time, Asda said the move…
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10 JanuaryAnalysis
Could budget supermarkets dominate ‘the big four’?
The big four – Tesco, Sainsbury’s, Asda and Morrisons – were once the undisputed favourites for supermarket shopping. However, when the drastic cost-of-living crisis emerged in 2021, it made many households rethink their priorities when it came to buying their essentials and non-essentials. At the tail end of 2022, Aldi…
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Dec- 2022 -21 DecemberPeople Moves
Pets at Home appoints former Asda CEO to its board
Pet retailer Pets at Home has announced the appointment of former Asda CEO Roger Burnley CBE as an independent non-executive director. The appointment will come into effect 14 February 2023 and Burnley will be a member of the audit and risk committee, remuneration committee, nomination and corporate governance committee and…
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