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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Aug- 2022 -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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16 AugustSupermarkets
Grocery price inflation hits new peak, Kantar finds
Supermarket sales rose by 2.2% in the 12 weeks to 7 August according to the latest take-home grocery figures from Kantar, despite grocery price inflation hitting 11.6% – the highest level since Kantar first started tracking the data this way in 2008. During the period, Lidl remained the fastest growing…
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10 AugustEconomy
Deliveroo losses widen as Simon Wolfson steps down from board
Deliveroo has revealed its H1 pre-tax losses have widened to £147m from £95m the year prior and also confirmed that Next CEO Simon Wolfson has decided to step down from its board. The food delivery service saw revenue increase 12% to £1.01bn in 2022 compared with £907m in 2021, additionally,…
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5 AugustSupermarkets
Asda targets 30% female store managers by 2025
Asda has announced a new diversity target of increasing the proportion of female general store managers to 30% by 2025, as part of its second Environmental, Social and Governance (ESG) report. The report, which provides an annual update on the supermarket’s progress on the key issues which matter to its…
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4 AugustSupermarkets
Aldi named cheapest supermarket second month in a row
Which? has named Aldi as the cheapest UK supermarket for the second consecutive month, with savings of £12.62 compared to the average Big Four basket. Its research comes as consumers continue to look for ways to cut household costs amid the cost-of-living crisis. Which? conducted its monthly Cheapest Supermarket price…
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2 AugustPeople Moves
Former Asda exec named CEO of Poundstretcher
Poundstretcher has announced the appointment of Derek Lawlor as its new CEO, who succeeds current CEO, Aziz Tayub, with immediate effect. Following the appointment, Tayub will assume the role of chairman at the group. Lawlor brings with him a “wealth” of experience, having started his retail career with Tesco over…
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Jul- 2022 -29 JulyClothing & Shoes
Asos, Boohoo and Asda investigated over sustainability claims
The Competition and Markets Authority (CMA) is launching investigations into Asos, Boohoo and George at Asda to scrutinise eco-friendly and sustainability claims made by the fashion brands about their products, including clothing, footwear, and accessories. The move forms part of the CMA’s ongoing investigation into potential greenwashing, and reportedly follows…
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22 JulySupermarkets
Gov agrees deal with grocers to help with cost of living crisis
The Government has agreed deals with major UK grocers, including Asda and Sainsburys, to help ease the cost of living crisis as part of its Help for Households Campaign. The deals are designed to reduce costs at the checkout and ensure access to necessary services for families during the summer…
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