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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Aug- 2018 -6 AugustSupermarkets
Tesco and Carrefour alliance to start in October
Tesco and Carrefour have announced that their strategic alliance which aims to offer lower prices and improve the quality and choice of products available will become operational in October. Last month the UK and French supermarket giants revealed the long term relationship will see the two supermarkets making joint purchases…
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Jul- 2018 -24 JulySupermarkets
Warm weather and football fever boosts supermarket sales
The UK groceries’ market share has increased at its fastest rate this year as a result of football fever and sunny weather, new figures show. A report from consultancy Kantar Worldpanel revealed supermarket sales grew 3.6%, with sales of firelighters (47%) and fresh burgers (30%) increasing as well. The data…
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17 JulyPeople Moves
Asda plunges 261 Enfield warehouse jobs into uncertainty
Asda has announced it has proposed to shutter its Enfield warehouse which would result in cutting 261 roles. The supermarket chain said that the proposal to close the warehouse came following the opening of two new automated warehouses in Dartford and Heston. Asda said the Enfield site, built only eight…
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17 JulyEconomy
Bad debt owed to UK retailers rises to £53.6m in three months
There has been a 2464.5% increase in bad debt owed to UK retailers in the last three months, according to credit report company Creditsafe’s quarterly Watchdog Report. This has been a rise of more than £51.5m, bringing the total to £53.6m and the firm has said that the debt is…
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13 JulyHigh Street
Wilko appoints Craig McGregor as new retail director
Homeware retailer Wilko has announced that former Topshop retail director Craig McGregor will be joining its senior team to help tackle the “changing retail environment”. McGregor joins Wilko with over 15 years’ senior leadership experience from across the UK, US and Europe, including retail director roles at Topshop/Topman and Matalan…
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11 JulySupermarkets
Martin Scicluna named by Sainsbury’s as chairman-designate
Sainsbury’s has appointed Martin Scicluna as its new non-executive chairman with a view to assuming the chairman role in 2019. He will work closely with outgoing chairman David Tyler during a handover period, and Sainsbury’s expects Scicluna to assume his new position in March 2019. The group announced in April…
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9 JulySupermarkets
Costcutter rejects Co-op’s £15m takeover bid
The parent company of Costcutter, Bibby Line, has rejected a £15m bid from the Co-op which would have resulted in a full takeover of the company’s convenience stores. The deal would have seen Co-op become a retail business with over 4,000 stores, up from circa 2,500. It is understood the…
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9 JulyGovernment
Asda CEO: Hard Brexit could have ‘significant consequences’ for food supply and quality
Asda CEO Roger Burnley has expressed his concerns that a ‘hard’ Brexit could have “significant consequences” for food supply and quality. He described the prospect of holdups at the UK border as “scary”, adding: “You’d be eating into the life of products with all sorts of implications for waste, for…
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5 JulyHigh Street
Retailers win court battle against Mastercard and Visa
The Court of Appeals has ruled in favour of four UK retailers who claimed that card fees charged by Mastercard and Visa when customers make a transaction were too high. Judge Terence Etherton agreed with Asda, Sainsbury’s, Morrisons and Argos and found that the card merchants’ system was an “unlawful…
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4 JulyEconomy
Sainsbury’s Q1 sales growth stutters as groundwork laid for merger
Sainsbury’s has seen a slump in its total sales growth down to 0.8% from 1.3% in the last quarter of the 2017-18 financial year Like for like sales growth dropped 0.7% down to 0.2% compared with the last quarter of last year. Grocery sales growth in Q1 this year saw…
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