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 -7 JanuaryPeople Moves
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 non-executive director, effective from 20 January. A retail executive with over 40 years of experience across various different international markets, he most recently served as group chief executive at DFI…
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7 JanuarySupermarkets
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 from Kantar. Overall take-home sales at the grocers rose by 2.1% over the four weeks to 29 December compared with last year. It comes as Katar found that people were…
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Dec- 2024 -10 DecemberSupermarkets
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 the latest data from Kantar. The news comes as take-home sales at the grocers increased by 2.5% over the four weeks to 1 December 2024 as shoppers get ready for…
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Nov- 2024 -26 NovemberNews-In-Brief
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 £17m for the six months ending 30 September. Despite adverse summer trading conditions due to wet weather, which affected cooling product sales, AO’s B2C retail revenue grew 13%. Group revenue…
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26 NovemberSupermarkets
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 process, as he is set to help lead turnaround efforts in his new role as chair of the group. Speaking to The Guardian shortly following his appointment, Leighton said that his…
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25 NovemberNews-In-Brief
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 Asda from 1996 to 2001, brings extensive leadership experience, including roles at The Co-op and Loblaw Companies. Rose will remain on the board temporarily to ensure a smooth transition. Under…
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25 NovemberNews
Asda appoints ex-CEO as new chair
Asda has announced the appointment of former CEO Allan Leighton as new executive chair, succeeding Stuart Rose who has served as chair since 2021. Leighton has led a number of UK and international consumer businesses, including serving as a chief executive of Asda from 1996 to 2001, president of Loblaw…
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13 NovemberSupermarkets
Asda sales lag behind other major supermarkets, new data finds
Asda was found to trail behind all other major UK supermarkets with a 3.5% decline in sales and a 1% fall in market share over the year, new data from NIQ has revealed. It comes as supermarket sales have slowed in the four weeks to 2 November to 4% year-on-year,…
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13 NovemberSupermarkets
M&S overtakes Waitrose in Middle England ahead of Christmas
Marks and Spencer has overtaken Waitrose for the first time in Middle England ahead of the Christmas season, according to the Telegraph. Unpublished market data seen by the Telegraph revealed that M&S surpassed Waitrose and every other supermarket in sales growth over the last month. According to the recent Kantar…
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12 NovemberSupermarkets
Supermarket sales hit 2024 high as shoppers ready for Christmas
Take-home sales at the grocers increased by 2.0% over the four weeks to 3 November 2024 to reach £11.6bn, making this the biggest sales month of the year so far, according to the latest data from Kantar. The take-home sales rise coincided with a jump in the number of shopping…
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