Asda

Asda to scrap 10,000 bonuses for managers amid cost-cutting plans

Asda is reportedly set to axe the bonuses of thousands of workers as it looks to cut costs amid troubled…

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Morrisons expands senior leadership team with new hires

Morrisons has announced the formal appointment of Martin Dawson as group retail director and the promotion of Charlotte Exell to…

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ASDA improves ESG rating score

Asda has announced an improvement to its ESG rating score, following an external assessment by financial services ratings’ agency Sustainable…

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Today’s news in brief-24/2/25

Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a…

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Asda avoids penalty amid missed deadline for IT upgrade

Asda has reportedly avoided a financial penalty after its former owner Walmart agreed to move back a deadline for the…

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Today’s news in brief-20/2/25

Fashion retailer Quiz has appointed administrators to its subsidiary Zandra Retail, resulting in the closure of 23 loss-making stores and…

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Asda narrows median gender pay gap to 4% in 2024

Asda has reduced its median pay gap between all male and female colleagues from 5% in 2023 to 4% in…

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Today’s news in brief-6/2/25

Tesco is reportedly considering a takeover of over 100 Crown Post Office branches, potentially safeguarding them from closure as the…

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Asda recruits former Matalan CEO as non-exec director

Asda has announced the appointment of Jo Whitfield, the former CEO of Matalan, to the role of non-executive director.  Until…

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Grocery sales climb 4.3% in January amid wellness boost

Take-home sales at the grocery retailers rose by 4.3% over the four weeks to 26 January compared with one year…

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