Asda news

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...

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...

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...

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...

Asda has unveiled a new toy concept at some of its larger stores. ‘The Big Asda Toy Shop’ is the latest iteration of Asda’s toy departments following a ten-month trial that saw toy specialist The Entertainer take over the Asda toy sections in 11 stores. Source: IGD Research The cessation of the trial was revealed in November 2021. As reported by Toy World , a message from Asda’s...

Co-op is to sell its estate of 129 fuel forecourt sites to Asda with a price tag of £600m.  As well as trading sites, the deal also includes three development locations.  The move comes as Co-op seeks to reduce its growing debt burden; reported at £920m in its latest annual accounts. Fuel forecourts a secondary focus for Co-op While fuel forecourts have never been a major plank of Co-op’s g...

As retailers look to limit food waste and support farmers affected by the recent drought conditions, we round up initiatives from Asda, Lidl, Sainsbury's, and Waitrose. Asda and Sainsbury’s remove best before dates Asda is to remove best before dates from nearly 250 packaged fruit and vegetable lines, including cauliflowers, carrots, citrus fruits, and potatoes. Asda will take the step from...

Asda has reported its second quarter like-for-like sales, excluding fuel, fell 1.9%. It noted the comparative period in 2021 was impacted by on-going Covid restrictions. Asda generated revenue, excluding fuel, of GB£1.9 bn during the quarter. However, the retailer said its on-going investment in prices and quality had driven ‘ positive like-for-like sales growth at the end of Q2 and into Q3 ’. ...

As the cost-of-living continues to rise and shopper confidence remains low , we expect shoppers to implement additional savvy shopping techniques to help with their rising food and grocery costs. Competitive pricing through loyalty schemes could help shoppers to save more as the economic outlook worsens. Our shopper loyalty scheme trends report looks to understand how shoppers use loyalty sc...

Trade press magazine, Better Retailing has reported that the Asda ‘The Deal Depot’ store, opened adjacent to the retailer’s Patchway (Bristol) hypermarket in 2019, has been permanently closed (see the First Look report from our visit ). The Deal Depot store was launched as a trial for the potential demand for a warehouse-style format offering a limited range of food and drink products in bulk...