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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Jan- 2025 -22 JanuaryNews-In-Brief
Today’s news in brief-22/1/25
River Island has engaged AlixPartners to manage cost reductions ahead of impending tax hikes in April. Despite a £33.2m pre-tax loss and a 19% drop in turnover to £578.1m for 2023, the retailer plans no formal restructuring affecting its 250+ stores. Waterstones reported a substantial rise in pre-tax profits to…
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22 JanuaryPeople Moves
Asda appoints David Lepley as new chief supply chain officer
Asda has announced that David Lepley will join its executive team as chief supply chain officer, to lead its food and general merchandise supply operations. Lepley joins from Morrison’s where he was the executive group operations director. The move is a return ‘home’ for Lepley, having previously spent 15 years…
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20 JanuaryNews-In-Brief
Today’s news in brief-20/1/25
Quiz is reportedly considering closing up to a third of its 60 stores as part of a restructuring effort to stabilise its business amid mounting financial pressures. The company is set to delist from the AIM market and return to private ownership following a shareholder vote earlier this month. Restructuring…
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20 JanuarySupermarkets
Asda risks fine over IT upgrade delays
Asda is reportedly facing a potential multimillion-pound fine for failing to complete an £800m IT upgrade by next month, according to the Telegraph. The new system, which has been championed by Mohsin Issa, attempts to detach the supermarket’s technology systems from those used by former owner Walmart, and is known…
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13 JanuaryNews-In-Brief
Today’s news in brief-13/1/25
Asda announced a significant overhaul of its operations, cutting 13 regional manager roles and consolidating management of supermarkets and express stores into 22 sub-regions from 30. The changes, driven by poor Christmas performance with a 5.8% drop in sales and a decline in market share to 12.5%, mark Allan Leighton’s…
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13 JanuarySupermarkets
Asda axes regional manager roles in latest restructuring
Asda’s new chairman, Allan Leighton, has reportedly told staff that multiple regional manager roles will be axed in a bid to overhaul the business, after the group suffered poor sales over the Christmas period. According to The Telegraph, 13 regional manager roles will be cut as part of the restructuring…
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8 JanuaryNews-In-Brief
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 £4.2bn in the year ending June 2024, driven by new store openings and re-sites. Operating profit also surged 34.2% to £434m. Morris, owning 98% of parent company TJ Morris, received…
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8 JanuaryPeople Moves
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, who joined JLP back in March 2022 from the Co-op where she was director of Data, Loyalty and Digital Products, is said to be stepping down in order to pursue…
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7 JanuaryNews-In-Brief
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 a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary…
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7 JanuaryComment
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 make. While conventional wisdom often suggests avoiding direct competition with established market leaders, the reality is more nuanced. Success depends on carefully analysing market conditions and choosing an approach that…
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