Asda

Asda appoints Lidl COO to lead store operations

Asda has appointed Matt Heslop to lead its stores and depots operation, including the 470 convenience stores in its newly-established…

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Asda trials generative AI with Harley partnership

Harley, a London-based company developing a real-time Generative AI (GenAI) platform for data-driven decision-making, revealed it has trialled a successful…

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Asda launches £50m store upgrade programme  

Asda has announced the launch of a £50m store upgrade program, which aims to improve the design and shopping experience…

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Asda revenues surge to £5.3bn in Q1

Asda has reported a 6.6% increase in total revenues (excluding fuel) to £5.3bn and 1.4% growth in like-for-like sales for…

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Asda unveils new brand identity

Supermarket giant Asda has unveiled a new brand identity amid its new creative campaign ‘Serious About Summer’. The new campaign,…

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Asda urges customers to donate to national food drive

Asda will be hosting its annual food drive in partnership with the Trussell Trust and is calling on customers up…

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Asda unveils plans for mixed-use redevelopment in North West London

Asda has unveiled plans for a mixed-use redevelopment of its 10-acre Park Royal site in North West London. The retailer…

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Asda successfully refinances £3.2bn of debt

Asda has announced that it has refinanced £3.2bn of debt pushing out the majority of its maturities into the next…

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Asda’s credit rating upgraded amid strong FY results

Asda has welcomed Moody’s upgrade of the company’s corporate rating to B1 from B2, following a strong financial performance in…

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Asda profits soar 24% to £1.1bn amid sales boost in FY23

Asda has seen adjusted EBITDA after rent soar by 24% to £1.078bn in FY23, largely driven by like-for-like sales growth…

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