Asda

Today’s news in brief-8/1/25

Home Bargains owner Tom Morris took home over £1bn in dividends as the discount retailer saw turnover rise 11.7% to…

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John Lewis Partnership chief customer officer steps down

John Lewis Partnership’s (JLP) chief customer officer Charlotte Lock is to step down from her role after three years. Lock,…

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Today’s news in brief-7/1/25

Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires…

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Strategic market entry: when to follow and when to challenge

The decision of how to enter a new market represents one of the most critical strategic choices a retailer can…

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Former Coles chief executive to join Kingfisher board

Kingfisher has announced the appointment of former Coles CEO in Australia, Ian McLeod, to its board of directors as a…

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Average household supermarket spend hit £460 this Christmas, Kantar finds

Household spending on take-home groceries hit a record high this Christmas at £460 on average, according to the latest data…

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Supermarket sales to hit £13bn over Christmas

Supermarket sales are expected to exceed £13bn over the four weeks of December for the first time ever, according to…

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Today’s news in brief-26/11/24

AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to…

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Asda turnaround could take 3-5 years, says incoming chair 

Former Asda CEO Allan Leighton has said that a turnaround of the business could be a three to five year…

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Today’s news in brief-25/11/24

Asda has announced the return of Allan Leighton as executive chair, succeeding Stuart Rose. Leighton, who served as CEO of…

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