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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Mar- 2022 -25 MarchHealth & Beauty
Apollo lines up banks to finance Boots bid
Private equity firm Apollo Global Management is reportedly lining up banks to help it finance a takeover offer for UK high street chemist Boots. According to Sky News, Apollo is in talks with Bank of America, Credit Suisse and Royal Bank of Canada to help fund the move that is…
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22 MarchNews
Asda launches employment package for Ukrainian refugees
Asda has announced it will offer Ukrainian refugees arriving in the UK a guaranteed job interview and provide specialist support to those who are recruited as Asda colleagues. The supermarket currently has around 1,500 salaried and hourly-paid roles available in its stores, warehouses and within its sourcing and procurement arm…
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21 MarchSupermarkets
Asda unveils largest Asda On the Move store
Asda has unveiled its largest store on an EG Group petrol filling station to date with the opening of a 5,000 square feet Asda On the Move store in Nottinghamshire. The new store offers over 2,500 Asda own brand and branded items, including Extra Special, fresh and chilled products, alongside…
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21 MarchHigh Street
Boots bidders to begin discussions this week
Potential new owners of Boots are set to meet with the high street chemist chain’s management this week to discuss its £7bn upcoming sale, according to The Times. American private equity firms Apollo and Sycamore Partners are among the firms to have submitted non-binding bids for the Walgreens-owned group. They…
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9 MarchClothing & Shoes
Mothercare joins retailers in suspending Russian business
Mothercare has announced that all business in Russia, including the shipment of all its products has been suspended in the wake of the ongoing Ukraine crisis. It comes as major retailers and businesses around the world have all joined in boycotting Russian business in a bid to put increased pressure…
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7 MarchNews
Asda donates £1m to Ukraine and axes Russian products from shelf
Asda and its charity, the Asda Foundation, has announced it is providing immediate support for displaced Ukrainian families in Europe and the UK in the aftermath of the Russian invasion through a £1m support package. The package includes pledging £100k in Asda Foundation support to national UK-based refugee support groups…
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Feb- 2022 -28 FebruaryClothing & Shoes
Asda confirms £27.8m pay bonus for staff
Asda has confirmed that 103,000 hourly-paid store colleagues across the UK will share a £27.8m bonus pot in February’s pay packet, after working through what the company called ‘challenging circumstances’ during the pandemic. While the amount each colleague receives depends on their individual circumstances, the average bonus for a store…
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24 FebruaryHealth & Beauty
CD&R rules out offer as Boots deadline hits
Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and beauty chain Boots, according to Reuters. The outlet also revealed that private equity firm and new Morrisons owner CD&R has ruled itself out of the running amid the CMA’s ongoing…
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24 FebruarySupermarkets
Asda reveals 6.1% gender pay gap between colleagues
Asda has published its Gender Pay report for 2021, which shows that its mean and median figures continue to be well below the national average. In a report submitted to the Government’s Gender Pay website, Asda confirmed the following: The median pay difference between all male and female Asda colleagues…
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22 FebruaryNews
Asda strike looms after thousands turn down pay deal
An Asda strike has “moved closer” after thousands of distribution staff turned down a pay deal, according to the GMB. The supermarket, which has been negotiating with the GMB, the recognised trade union for ALS, made the following offer to colleagues last month. It should be noted this offer was…
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