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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Jan- 2020 -13 JanuarySupermarkets
Asda cost cuts to put 2,832 back-office jobs at risk
Nearly 3,000 Asda employees are reportedly at risk of losing their jobs, according to new reports. According to The Guardian, 2,832 back-office jobs may potentially be at risk in the latest cost-cutting move from the supermarket giant. The newspaper claims to have learned that consultations are afoot with employees in…
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Dec- 2019 -19 DecemberPeople Moves
Bonmarché CEO Helen Connolly quits
Bonmarché CEO Helen Connolly has stepped down from her role, after three years in the position, according to Drapers. Connolly stepped down from the position after joining the fashion retailer in August 2016 succeeding Karen Millen and Coast CEO Beth Butterwick. Prior to Bonmarché, she held the position of director…
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Nov- 2019 -27 NovemberPeople Moves
Wilko appoints Chris Martin as non-executive director
High-street chain Wilko has announced the appointment of Chris Martin as non-executive director. Martin is currently the chief executive of Musgrave group. He joined the Musgrave main board in 2003. Under his direction, the business has “focused strongly on partnering with entrepreneurial retailers and innovative food suppliers to develop the…
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18 NovemberComment
Mothercare: what was its formula for failure?
Last week it was announced that Mothercare, a constant of the British high street for over 50 years, had become the latest retail casualty — with all of its 79 stores set to close. But what went wrong for the maternity and baby brand? Mothercare is one of many brands…
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Oct- 2019 -18 OctoberSupermarkets
Walmart offloads Asda pensions amid IPO plans
Asda owner Walmart has reportedly struck a deal to offload £3.8bn worth of pension liabilities as it eyes a potential IPO. According to Sky News, Walmart and Asda’s pension trustees have agreed a deal with specialist insurer of corporate retirement schemes Rothesay Life. The move will see the company take…
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17 OctoberSupermarkets
Asda denies claims that it will fire staff for not signing new contract
‘Big Four’ grocer Asda has hit back at claims that it will lay off staff for failing to sign a new contract. Asda said comments from the GMB’s national officers, Gary Carter, around Asda colleagues being sacked due to commitments outside work are “untrue”, after Carter said the contract changes…
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15 OctoberEconomy
Grocery sales slow to lowest September growth in two years
Shopping momentum has fallen in September, with grocery sales slowing to +1.7% in the last four weeks. According to new data released by market research data company, Nielsen, this is the lowest growth for UK supermarkets in September in two years. Before the autumnal weather took hold in early October,…
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10 OctoberSupermarkets
UK grocers criticised over ‘harsh’ working conditions for tea and fruit farmers
Oxfam has alleged that “poor pay” and “harsh working conditions” are commonplace on farms and plantations in Brazil and India which supply tea or fruit to some of the UK’s biggest grocers, according to new research by the charity. The supermarkets named by Oxfam include Aldi, Sainsbury’s, Tesco and Morrisons.…
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Sep- 2019 -17 SeptemberSupermarkets
Asda FY sales and profits rise despite merger disappointment
Asda has reported an increase in both full-year sales and profits during the period it was the focus of an unsuccessful merger with rival Sainsbury’s. The accounts for Asda Group Limited, filed on Companies House, which includes the financial activities of all Asda stores, distribution centres and online operations show…
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17 SeptemberEconomy
Late August bank holiday heatwave lifts grocery sales
The late August bank holiday heatwave lifted total supermarket sales to +2.2% in the last four weeks, according to Nielsen’s Total Till figures for September 2019. The analytics company said the UK faced a wet start to the summer, but unusually hot weather over the long Bank Holiday weekend led…
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