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- 2025 -17 MarchSupermarkets
Sainsbury’s CEO confident amid intensifying competition
Sainsbury’s CEO, Simon Roberts, has acknowledged the rising competition in the supermarket sector following Asda’s decision to cut prices but remains confident in his company’s ability to stay ahead, according to The Times. His remarks follow a 7.8% drop in Sainsbury’s shares, wiping out £487m in value after Asda’s pricing…
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10 MarchNews-In-Brief
Today’s news in brief-10/3/25
WH Smith is nearing a decision on the sale of its high street business, with two bidders, Alteri Investors and Modello Capital, remaining in the race. The retailer, which has seen its Travel business outperform high street outlets, confirmed in January it was exploring strategic options, including a potential sale.…
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10 MarchSupermarkets
Asda eyes sale of car parking space to finance debt
Asda has reportedly launched a process to sell off almost 10 acres of car parking space as a way to reduce its debt, according to The Telegraph. Newsteer, which is advising Asda on the sales, has informed potential developers that Asda has identified surplus space at its stores in Slough,…
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7 MarchPeople Moves
Asda appoints new president of food and GM supply
Asda has announced the appointment of Gavin Chappell as vice president of food and GM supply from April. The appointment marks a return to Asda for Chappell, as he previously spent six years with the business across numerous roles including vice president – ecommerce and supply chain. He was previously…
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4 MarchSupermarkets
Supermarket sales rise 3.6% in February
Take-home sales at the grocers rose by 3.6% over the four weeks to 23 February compared with one year ago, according to the latest data from Kantar. It also found that retailer promotions helped to hold grocery price inflation steady at 3.3% in February 2025, as spending on deals rose…
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3 MarchNews-In-Brief
Today’s news in brief-3/3/25
Asda is set to scrap bonuses for over 10,000 managers as part of cost-cutting measures amid challenging trading conditions. The decision comes shortly after chairman Allan Leighton returned to lead the supermarket after more than two decades, aiming to steer a turnaround for the struggling retailer. Leighton has already initiated…
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3 MarchSupermarkets
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 trading. According to The Telegraph, more than 10,000 managers were told that they will not receive the payouts, having usually expected to receive bonuses in the first three months of each…
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3 MarchSupermarkets
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 online director. Alongside this, the supermarket has appointed Matt Heslop as director of convenience and wholesale, starting in early March 2025. Heslop has been at Lidl for over 20 years…
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Feb- 2025 -27 FebruarySupermarkets
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 Fitch. For the second year in a row, Asda received an entity rating of 3 (1 = excellent, 5 = poor), with the retailer’s entity score improving to 57 from 54.…
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24 FebruaryNews-In-Brief
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 challenging final quarter and intensified competition from rival Temu. Shein’s declining profitability complicates its efforts to secure regulatory approval for a London listing, with some investors urging a valuation reduction…
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