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- 2021 -22 MarchSupermarkets
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to repay business rates relief, according to The Sunday Times. The company’s recent investor presentations revealed that Sir Malcolm Waker, Iceland’s founder, used £141m to purchase former shareholder Brait and acquire…
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19 MarchSupermarkets
Asda to remove 101 million pieces of single-use plastic from stores
Asda has revealed it will be removing 101 million pieces of single use plastic from its stores each year by switching from plastic to reusable fruit and veg bags. The initiatives are part of Asda’s long-term commitment to remove single use plastic from its business. The move follows a trial…
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19 MarchPeople Moves
Asda CEO Roger Burnley to step down
Asda has confirmed that CEO and president Roger Burnley will step away from the business next year, once the supermarket has fully transitioned to new ownership and his long-term successor is in place. Burnley has been CEO since January 2018, having joined the business in 2016 as deputy CEO. A…
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17 MarchSupermarkets
Ocado unveils own label rebrand
Ocado has undertaken a rebranding strategy that includes 100 new products and less packaging, as well as a switch from green to purple. The food retailer said that 530 items in the group’s own label range are set to be changed in time for today’s (17 March) launch. Moreover, the…
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12 MarchFeatures
A look at what an online sales tax means for businesses
In last year’s Business Rates Review: Call for Evidence, Jesse Norman MP, financial secretary to the Treasury, said the government would explore the potential options of “alternative” property and online taxes which could act as “possible replacements” for rates to tackle the increases in businesses online presence. The proposition would…
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10 MarchLuxury Goods
Pandora posts 12% organic growth in February
Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021. The month also represented a year-on-year total sell-out growth of 7%, while the quarter to date achieved 4% organic and 1% sell-out expansions when compared to Q1 of FY20. The results are part of a…
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8 MarchSupermarkets
Issa Bros considering adding nail bars and salons to Asda offering
Mohsin and Zuber, the new owners of Asda, are reportedly considering adding nail bars, salons and cafes to the supermarkets offering while reducing grocery floor space. According to The Sunday Times, the Issa Brothers are considering reducing the grocery floor space in stores by up to a quarter in order…
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5 MarchSupermarkets
Co-op to hold ‘crunch talks’ over relief repayment
The Co-operative Group will reportedly hold a “crunch” board meeting next week to discuss whether it will repay £80m in government support funding, according to Sky News. According to Sky, Co-op directors, alongside chairman Allan Leighton, will now meet next Tuesday to discuss whether the group will repay the funding…
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4 MarchSupermarkets
Sainsbury’s restructuring plan places 1,150 jobs at risk
Sainsbury’s has begun a restructuring process that will see 500 head office roles cut and a further 650 jobs placed at risk at the company’s online fulfilment centre in east London. According to the supermarket chain, Simon Roberts, chief executive of the company has told staff about the shakeup which…
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3 MarchSupermarkets
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to remain home during lockdown. According to the latest figures from Kantar, UK grocery sales also rose by 12.5% in the 12 weeks to 21 February 2021. Nearly a quarter of…
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