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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Dec- 2022 -20 DecemberSupermarkets
Tesco to consider ending its fresh food counters
Tesco is reportedly considering ending its butcher and fishmonger counters in its stores as consumer interest in them has dropped, according to the Telegraph. Tesco is the only one of the big four supermarkets, Tesco, Sainsbury’s, Asda and Aldi, that still offers a fresh food counter. Some 279 Tesco stores…
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19 DecemberSupermarkets
Sainsbury’s to invest £550m in keeping prices low
Sainsbury’s is set to invest £550m over two years to keep its prices low and be “more competitive”, CEO Simon Roberts has confirmed, with £15m to be invested over the Christmas period. Speaking to the Mail on Sunday, Roberts said that the move will mean that profits will be lower…
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6 DecemberSupermarkets
Asda to create 10,000 new jobs
Asda has announced plans to create 10,000 new jobs over the next four years as it rolls out its Asda Express convenience store concept. The supermarket chain opened its second Asda Express Tottenham Hale, north London and confirmed its plans to open 300 more by the end of 2026. New…
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5 DecemberClothing & Shoes
Jaeger MD to depart
M&S-owned fashion company Jaeger has announced that its managing director Fiona Lambert is departing the business after almost two years at the brand. The news comes as Lambert oversaw Jaeger’s relaunch and come-back after it was bought out of administration by M&S at the beginning of 2021. Prior to joining…
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Nov- 2022 -29 NovemberSupermarkets
EG group announces ‘resilient’ Q3 results
Asda owner EG group has announced a “resilient” set of results of the three months to 30 September 2022. The group announced that its EBITDA increased 10% to $470m (£391m) on a constant currency basis. EG opened 65 Asda ‘on the move’ convenience stores in the UK and Ireland which…
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23 NovemberHigh Street
Dreams provides £5m cost of living support package for staff
Bed retailer Dreams has announced that it is providing support for its staff during the cost of living crisis, starting with a £5m package as part of its “people first strategy”. The company plans to advance a pay raise that was due in April 2023 to December 2022. The pay…
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23 NovemberAdvice
Black Friday: How can algorithmic retailing ensure a successful event?
Worldwide activity surrounding Black Friday has never been stronger. In the US, over 53% of consumers plan to make a purchase on Black Friday ; in the UK consumers are expected to spend £8.71 billion over the course of the 2022 Black Friday weekend. It’s an event which represents a…
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22 NovemberNews
Leon to more than double self-serve coffee kiosks
Fast-food brand Leon has announced plans to more than double the number of its self-serve coffee kiosks in the UK to over 200 before the end of January. It is mainly planning to do this expansion in EG Group convenience stores and with a large rollout in Asda supermarkets. Four…
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14 NovemberSupermarkets
Asda like-for-like sales rise 4.7% in Q3
Asda has revealed that its like-for-like sales increased by 4.7% in the third quarter, making it the supermarket’s “strongest” quarterly performance since Q1 2021. It is also reported that the brand’s total revenues excluding fuel reached £5.2bn. The news of Asda’s positive third quarter performance has been attributed to the…
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9 NovemberHigh Street
DFS appoints former Asda boss as CFO
DFS Furniture has announced that John Fallon is to be appointed as an executive director and chief financial officer (CFO) of the group from 14 November 2022. Fallon joins DFS Group from Asda, where he most recently served as group CFO and played a key role in the recent change…
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