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- 2020 -25 MarchSupermarkets
Tesco introduces social distancing measures amid Covid-19 virus outbreak
‘Big 4’ grocer Tesco has written to customers to inform them about the latest measures put in place amid the Covid-19 virus breakout. CEO Dave Lewis revealed there would be floor markings in store as well as the car park to practice social distancing when queuing. The retailer also revealed…
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25 MarchSupermarkets
Asda announces new measures amid Covid-19 outbreak
Supermarket Asda has outlined a wide ranging package of measures to help support its colleagues and other workers whose jobs have been impacted by coronavirus. Acknowledging the “incredible efforts’”of Asda’s hourly paid retail and distribution colleagues, CEO Roger Burnley confirmed to colleagues that they will receive full pay if they…
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3 MarchPeople Moves
B&M appoints Alex Russo as new CFO
Discount retailer B&M has announced the appointment of Alex Russo as its new chief financial officer and executive director. Russo is currently the CFO of Wilko, having previously spent five years as an executive director and CFO at Asda. He has also held the position as director at Boots, Tesco…
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2 MarchSupermarkets
EG Group to vie with equity firms for Asda stake
The EG Group, owned by petrol station billionaire brothers Zubin and Moshin Issa, is reportedly among a number of interested private equity firms vying to acquire a majority stake in Asda. According to The Sunday Telegraph, the EG Group is one of a number of interested parties in acquiring a…
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Feb- 2020 -27 FebruaryAnalysis
Heathrow’s third runway will not be taking off after all
Heathrow’s third runway has been ruled illegal by the court of appeal, because the government did not properly consider its own climate change pledges in line with the Paris Agreement when drawing up its plans. The court is actually on the same street as our offices here at Mulberry Media…
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27 FebruarySupermarkets
Walmart in talks over potential sale of stake in Asda
American retailer Walmart has revealed it is in talks over a potential sale of its stake in ‘Big Four’ grocer Asda. Following “inbound interest”, Walmart and Asda confirmed that both are currently considering whether there is an “opportunity” for a third party to invest in the UK grocer, alongside Walmart,…
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24 FebruarySupermarkets
Waitrose named top UK grocer, Asda wallows in bottom place
Waitrose has been rated the best UK in-store supermarket for the second year in a row in Which?’s annual supermarket satisfaction survey. The grocer scored a maximum five stars in almost every category – from ease of finding products and fast-moving queues, to friendly staff and the appearance of its…
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14 FebruarySupermarkets
UK food and grocery market set to be worth £174bn by 2024
The UK food and grocery market is set to grow by 15% between 2019 and 2024 to £174.5bn, according to data and analytics company GlobalData. However, the new research from the company suggests that ‘Big Four’ grocers Tesco, Sainsbury’s, Morrisons and ASDA are set to lose out on a further…
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Jan- 2020 -27 JanuaryHigh Street
10,000 retail jobs lost in 2020
Almost 10,000 retail jobs have been lost in 2020 amid a “torrid” start to the new year, according to the Centre for Retail Research. The research group revealed that 9,949 jobs have been lost in the first three weeks of 2020, amid store closures at Debenhams, GAME, HMV, Arcadia and…
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24 JanuarySupermarkets
Co-op faces equal pay claims from over 400 shop workers
Co-op is facing equal pay claims from over 400 employees, mostly female, who say they are underpaid compared to their male counterparts. The workers, represented by law firm Leigh Day, believe they are entitled to be paid the same hourly rate as men in the distribution centres because their work,…
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