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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Jun- 2018 -7 JunePeople Moves
Sainsbury’s promotes Clodagh Moriarty to new digital role
Sainsbury’s has promoted Clodagh Moriarty to its operating board as group chief digital officer with immediate effect. Moriarty will create and lead the supermarkets giant’s digital strategy and will be tasked with ensuring customers experience an integrated and seamless digital experience across Sainsbury’s, Argos, Sainsbury’s Bank and Nectar. Moriarty has…
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May- 2018 -31 MaySupermarkets
Asda profits plunge 10% due to price cuts aimed to ‘return momentum’
Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed to “investments in lowering prices to mitigate the impact of food inflation”. The company reported pre-tax profit of £712.6m down 9.6% from £791.7m the previous with operating profit also having…
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30 MaySupermarkets
Grocery market buoyed by hot weather and the royal wedding
The latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 20 May found the hot weather combined with events such as the royal wedding sparked strong market growth – up 2.7% on last year. Most notably grocery sales totalled £415m on Friday 18 May in the…
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25 MayPeople Moves
Sainsbury’s new ‘dogsbody’ contract hammered by unions, MPs and staff
Sainsbury’s new contracts which the supermarket says are a ‘boost’ to staff have been accused of bringing in a “dogsbody contract” by staff members speaking to the media. More than 100 MPs have written a joint letter saying that they believe the increase in basic pay is being used to…
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18 MayM&A
CMA shops around for comments on Sainsbury’s Asda merger
The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment on the deal as part of a ‘phase one’ inquiry. The CMA “invitation to comment” was released today as the start of an information gathering process before the formal investigation…
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11 MaySupermarkets
Amazon could buy Morrisons amid upbeat results
It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger, according to retail marketing insight firm Tcc Global. Bryan Roberts, global insight director at the company, said: “A takeover bid from Amazon is not beyond the realm of possibility, as…
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11 MaySupermarkets
Sainsbury’s and Asda could be forced to sell more than 70 stores
Sainsbury’s and Asda may have to sell at least 73 stores in order for the merger to go ahead according to a leading expert in store location. David Haywood founder of Maximise UK predicts that at least 6% of Sainsbury’s and Asda stores are under threat of closure, due to…
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9 MaySupermarkets
Sainsbury’s singing CEO takes £1.8m from share awards
Sainsbury’s CEO Mike Coupe has snapped up £1.8m in share awards following the company’s merger with Asda. Coupe also sold 286,663 shares worth £845,655, in order to pay tax on his share plan. The supermarket boss received the shares in two tranches of 329,676 and 279,024, a total of 608,700…
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8 MayM&A
Asda-Sainsbury’s merger fears voiced by industry bodies
Trade bodies and environmental groups fear the proposed merger of Asda and Sainsbury’s will further squeeze UK food producers and result in sliding ethical and environmental standards, Retail Sector can reveal. An array of industry spokespeople said the consolidated retail group would represent near-monopoly status in many towns in the…
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8 MayM&A
Retail M&A grows by 15%
A study by law firm RPC shows retail mergers and acquisitions have grown by 15% over the past year. While the number of deals has risen, the value of those deals has dropped by 16% from the previous year’s total of £4.3bn, to £3.7bn. The value of those deals does…
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