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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Sep- 2022 -12 SeptemberPeople Moves
Boots appoints ex-Asda COO as retail director
Boots has appointed Asda’s former chief operating officer Anthony Hemmerdinger as its executive retail director, according to Retail Week. Hemmerdinger will be in charge of Boots’ retail operations, including the running of its 2,000-strong store estate and he will report to Boots managing director Seb James. This marks Hemmerdinger’s first…
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9 SeptemberPeople Moves
AO.com appoints former Pets at Home CEO as NED
AO World has announced it has appointed Peter Pritchard as an independent non-executive director of the company and a member of both the Audit Committee and Remuneration Committee with effect from 1 October 2022. Pritchard was until recently CEO at Pets at Home plc, leading its transformation into the UK’s…
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6 SeptemberAnalysis
The other benefit of disposing of ‘best before’ dates on produce
There has been a race among major UK supermarkets to see which can hit their sustainability targets the quickest. Most recently, their sights have been set on scrapping the ‘best before’ dates on fresh produce in order to allow customers to choose for themselves when they think the produce is…
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Aug- 2022 -31 AugustM&A
Co-op sells petrol forecourt estate to Asda for £600m
Co-op has agreed to sell its petrol forecourt business to Asda in a £600m deal. The enterprise value of approximately £600m, which includes a cash consideration of £438m and is also inclusive of IFRS 16 lease liabilities of approximately £162m. This transaction includes 129 petrol forecourt sites, spread across the…
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30 AugustSupermarkets
Asda eyes £450m bid for Co-op’s petrol forecourts
Supermarket group Asda is reportedly preparing to make a £450m swoop on the Co-op Group’s petrol forecourt business, according to Sky News. The outlet reports that Asda is the leading contender to buy Co-op’s fuel retailing arm, which includes a sizeable convenience operation. According to the source, a deal could…
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26 AugustSupermarkets
Asda sees Q2 sales improve but remain down on 2021
Asda has revealed that it saw like-for-like sales in Q2 2022 ending June 30 fall by 1.9% year-on-year compared to the same period last year. The performance represents an improvement on the 9.2% decline in like for like sales during the previous quarter of this year. The supermarket delivered positive…
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25 AugustSupermarkets
Asda to remove ‘best before’ dates on produce
Asda has announced plans to remove the ‘best before’ dates on almost 250 of its fresh fruit and vegetable products as a way to help customers reduce food waste and save money. It is reported that from 1 September, the supermarket will remove the dates from packaged fruit and vegetable…
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23 AugustSupermarkets
Grocery sales jump 4.5% as convenience stores boost performance
Total till grocery sales remained strong in July with a growth of +4.5% as UK shoppers spent £3.6bn on groceries at convenience stores in the last four weeks ending 13 August, according to the latest data from NielsenIQ. Convenience store sales accounted for 28.9% of sales within this period and…
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22 AugustSupply Chain
Felixstowe Port strike could lead to £700m hit to trade
The upcoming eight day strike at Felixstowe Port could disrupt trade worth up to £700m, experts have warned. According to The Times, experts have said that the strike – which includes 1,900 dockworkers, could disrupt supplies to the nation’s supermarkets and exports from firms from now until Christmas. The outlet…
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18 AugustSupply Chain
Bensons for Beds gets new funding as it appoints COO
Bensons for Beds has secured additional funding from owner Alteri Investors to drive its growth strategy and transformation plans further, whilst also appointing Gavin Chappell as its new chief operating officer. Alteri’s new investment comes two years after it first invested in Bensons. This time, Alteri’s funding will be specifically…
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