Asda news

06 December 2022
Asda has announced an ambition to create 10,000 new convenience store jobs over the next four years as it accelerates the rollout of its new Asda Express store concept. To open 300 more by the end of 2026 Asda has confirmed its plans to open 300 more by the end of 2026, to "bring Asda value and great products to even more customers and local communities throughout the UK." With sales in con...
05 December 2022
In an effort to drive usage, Asda has announced a new ‘refill price promise’ that guarantees each refill product will be cheaper than packaged alternatives as part of its new refill proposition. Asda has partnered with WRAP and Unilever, with funding from Innovate UK, to find out customer barriers to participation, so it could look at ways it can increase participation. Clear pricing was the t...
14 November 2022
Asda has updated investors on its Q3 trading performance, noting its investments to drive value during the quarter resulted in a 4.7% increase in like-for-like sales, when compared to the same period last year. Total revenues, excluding fuel, amounted to £5.2 bn. Asda's cost-of-living-focused initiatives Asda’s endeavours to address the cost-of-living crisis included rolling out 141 new eco...
09 November 2022
We round-up the latest Christmas adverts from the UK’s grocery retailers. The common theme for 2022 sees the adverts focus on how retailers are looking to help people spread festive cheer in the face of the cost-of-living crisis. Tesco: budget-friendly Christmas Tesco’s Christmas campaign acknowledges the cost-of-living crisis as it spotlights its budget-friendly range and value-led prom...
18 October 2022
Asda has announced the opening dates for its first two standalone convenience stores under its new Asda Express banner. These are the first specifically Asda-developed standalone c-stores and will be operated as part of the Asda main estate, not as part of the Euro Garages forecourt business which has developed the Asda On the Go format. The first sites are: Sutton Coldfield and Tottenham Hale...
11 October 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 2 October 2022 total till roll consumer spend in Great Britain rose by 4.8%, up from 3.8% in the previous reporting period. Inflation continued to drive value growth, with volume sales continuing to contract. Average annual grocery bill rises again Sales growth continued to ...
16 September 2022
As Tesco and The Entertainer partner for toy concessions and Morrisons sets out its ambitions for the Morrisons Daily banner, we round up developments in the market. Tesco and The Entertainer partner for toy concessions A little time after Asda opened its Big Toy Shop , following the ending of its trial with The Entertainer, the latter has signed a partnership with Tesco to trial the add...
14 September 2022
Asda has started restricting sales of its recently launched Just Essentials economy private label range to three units per customer for each item in the range, with strong demand for the new assortment thought to have exceeded initial supplies. Range ' proving really popular' An Asda spokesperson has stated that “ Just Essentials is proving really popular at the moment and we’re working ha...
13 September 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 4 September 2022 total till roll consumer spend in Great Britain rose by 3.8%. It noted this was the third month in a row the market had seen growth, following more than a year of declines, due to challenging comparisons driven by the pandemic. Discounters benefiting from risin...
13 September 2022
As the Competition and Markets Authority publishes its report into Morrisons takeover of McColl’s and the Asda on the Move banner continues to open new stores, we round up developments from the channel. Morrisons takeover of McColl’s will ‘ not harm the vast majority of shoppers or other businesses ’ The Competition and Markets Authority (CMA) has published its results of its initial invest...