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- 2021 -21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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21 SeptemberSupermarkets
Asda launches first refill store in Scotland
Asda has announced that it has introduced its first refill store in Scotland as part of its drive to reduce plastic and help customers shop more sustainability. The supermarket has partnered with household brands including Kellogg’s, Napolina, Yorkshire Tea and Unilever, to introduce over 60 products sold loose and unpackaged…
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16 SeptemberSupermarkets
Asda appoints new George lead
Asda has announced the appointment of Liz Evans as its new lead for its fashion business, George, with effect January 2022. She will join from family lifestyle brand Fat Face, where she has led the business as CEO since 2019. Prior to joining Fat Face, Liz was the CEO of…
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10 SeptemberSupermarkets
Asda to hire 150 greengrocers amid £9m fresh produce investment
Asda has announced the appointment of 150 in-store greengrocers as a part of a £9m investment to extend its fresh fruit and vegetable service offerings. Expected to be filled by a combination of external hires and internal appointments, the greengrocers will be based on shop floors across the UK. They…
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10 SeptemberSupermarkets
Asda owners mull £10.8bn EG Group sale
TDR Capital and the Issa brothers, the new owners of Asda, are reportedly considering their options – including a possible sale – of its petrol station company the EG Group. According to Bloomberg, the company has appointed advisers including Rothschild and Co, Goldman Sachs and Morgan Stanley, to help consider…
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6 SeptemberSupermarkets
Asda Q2 revenues top £5bn
Asda has reported a 3.1% two-year increase in revenues excluding fuel to over £5bn during its latest quarter ending 30 June 2021. The increase was driven by a 23% two-year jump in like-for-like sales of the supermarket chain’s premium “extra special” range. However, year-on-year revenues excluding fuel at Asda represented…
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Aug- 2021 -31 AugustSupermarkets
Issa brothers plan to open 300 Asda convenience stores
Asda’s new owners, the Issa brothers’ are reportedly planning to open more than 300 convenience stores under the supermarket’s name across their EG Group forecourts. According to The Times, the pair are looking to roll out the concept after they previously launched five ‘Asda on the Move’ stores as a…
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27 AugustSupermarkets
EG Group revenues soar 57.7% in Q2
Blackburn-based retail giant EG Group saw total revenues soar 57.7% year-on-year to $6.51bn (£4.75m) in Q2 FY21. The new Asda owner also reported a 23.7% growth in group EBITDA, up from $307m (£224m) in Q2 FY20 to $380m (£277m) this year. The Issa brothers’ global company continued to gain the…
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25 AugustPeople Moves
Asda eyes former M&S boss for chief exec role
Asda is reportedly looking to Lord Rose of Monewden, the former boss of Marks and Spencer, as its new chief executive. According to The Times, the Issa brothers, owners of Asda, are considering Rose after Roger Burnely completed an early resignation earlier this month. Rose, who served as M&S chief…
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20 AugustClothing & Shoes
Asda to stock Missguided brand through new partnership
George at Asda has launched a partnership with online fashion brand Missguided that will see the brand be sold in 100 stores and online via George.com. As of 16 August, the retailer now offers a selection of dresses, blouses and co-ords in stores as part of George’s wider strategy to…
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