Asda

Today’s news in brief-24/3/25

Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed,…

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Asda announces price cuts of up to 45% on 1500 products

Asda has announced it is cutting prices on 1,500 “family favourite” products by up to 45% both in store and…

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Today’s news in brief-17/3/25

Fenwick, the family-owned retailer, is facing significant financial challenges, with pre-tax losses widening to £38.1m in the year to January…

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Sainsbury’s CEO confident amid intensifying competition

Sainsbury’s CEO, Simon Roberts, has acknowledged the rising competition in the supermarket sector following Asda’s decision to cut prices but…

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Today’s news in brief-10/3/25

WH Smith is nearing a decision on the sale of its high street business, with two bidders, Alteri Investors and…

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Asda eyes sale of car parking space to finance debt

Asda has reportedly launched a process to sell off almost 10 acres of car parking space as a way to…

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Asda appoints new president of food and GM supply

Asda has announced the appointment of Gavin Chappell as vice president of food and GM supply from April. The appointment…

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Supermarket sales rise 3.6% in February

Take-home sales at the grocers rose by 3.6% over the four weeks to 23 February compared with one year ago,…

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Today’s news in brief-3/3/25

Asda is set to scrap bonuses for over 10,000 managers as part of cost-cutting measures amid challenging trading conditions. The…

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Asda to scrap 10,000 bonuses for managers amid cost-cutting plans

Asda is reportedly set to axe the bonuses of thousands of workers as it looks to cut costs amid troubled…

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