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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May- 2021 -6 MaySupermarkets
Issa brothers step closer to Asda buyout
The Issa brothers are a step closer to completing their £6.8bn Asda buyout, having offered to address concerns put forward by the Competition and Markets Authority (CMA). In order to finalise the debt-fueled takeover, Zuber and Moshin Issa have agreed to sell 27 of their 395 EG Group petrol filling…
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4 MayFeatures
Has social media freed Cuthbert the Caterpillar?
For such small creatures, two caterpillars have kicked up a particularly large fuss this April. An intellectual property case turned social media frenzy, Marks and Spencers’ legal action against Aldi over its Cuthbert the Caterpillar cake has cut open the multiple layers involved in copyright infringement for all to see.…
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Apr- 2021 -29 AprilSupermarkets
CTSI warns of supermarket fake text scams
The Chartered Trading Standards Institute (CTSI) has received evidence of a text scam involving Asda and Morissons delivery messages. One of the fake texts stated that “your Asda order is out for delivery” and links to a webpage supposedly allowing the recipient “to track your order and view your delivery…
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29 AprilOnline & Digital
In The Style sees sales rise 130% to £44.5m
Online fashion retailer In The Style has revealed that it expects turnover for the full-year period ending 31 March 2021 to be no lower than £44.5m, a year on year increase of more than 130%. During the period, the retailer said that new customer generation increased by 19% to 420,000,…
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29 AprilSupermarkets
Asda to sell vintage clothing as part of sustainability commitment
Asda’s instore clothing brand George will begin selling second-hand clothing in its supermarkets as part of its ‘George for Good’ commitment to drive down textile waste. Following a successful trial in Asda’s sustainability store in Leeds, George is now launching the sustainable fashion partnership in a further 50 of its…
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27 AprilHigh Street
Furniture Village appoints new board member
Furniture Village has announced the appointment of Mike Broughton, the group’s IT and business development director, to its board of directors. Broughton has held senior IT positions for global corporations across multiple sectors, with his career highlights including roles at William Hill, Asda Walmart, Dixons Carphone, FSA and Barclays Bank.…
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27 AprilSupermarkets
Grocery sales rise 5.7%
Take-home grocery sales rose 5.7% for the 12 weeks to 18 April 2021, according to data analytics and brand consulting company Kantar. The group’s figures also show a 6.5% growth for the four-weeks prior to 18 April, reflecting increasing consumer confidence in physical retail. Kantar found that the over-65 community…
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23 AprilSupermarkets
Asda’s George MD Steph Strike resigns
Asda has revealed that Steph Strike, managing director of George, is stepping down from her position at the group to pursue a new role. Having joined the supermarket chain on a graduate training scheme in 1995, Strike has since held a number of senior positions at the firm. Strike was…
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21 AprilSupermarkets
Asda takeover may lead to higher petrol prices, CMA warns
The Competition and Markets Authority (CMA) has raised concerns that the £6.8bn takeover of Asda could lead to higher petrol prices in some areas of the UK. The watchdog has been reviewing the sale by Walmart to the Issa Brothers and private equity firm TDR Capital since December 2020. The…
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19 AprilHigh Street
EG Group acquires Leon in £100m deal
The EG Group, owned by billionaire brothers Mohsin and Zuber Issa, has announced the acquisition of all 70 Leon restaurants in a £100m deal. The group, which recently acquired a majority stake in Asda, said the acquisition will complement EG’s existing 700 foodservice outlets in the UK and Ireland of…
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