Asda news

11 May 2020
Market update: Grocery sales growth slows to 5.5% in April:  New data from Kantar  reveals a slowdown in grocery market growth from 20.6% in March to 5.5% over the four weeks to April 19th as consumers settle into life under lockdown   Multiples update:   Tesco acts to meet soaring potato demand: Tesco has agreed to take excess stock from potato supplier Branston that ...
03 May 2020
In this regularly updated article, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: Grocery sales growth slows to 5.5% in April:  New data from Kantar  reveals a slowdown in grocery market growth from 20.6% in March to 5.5% over the four weeks to April 19th as consumers settle into life under lockdown. Multiples update: Sain...
26 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update: Tesco opens first NHS Nightingale hospital stores:  Tesco has opened stores at the NHS Nightingale hospital, at London's ExCeL centre and the National Exhibition Centre in Birmingham. Open 24 hours a day and staffed by colleagues from nearby stores, they ...
20 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update Morrisons offers 10% discount to NHS staff: From Thursday, NHS staff will be entitled to a 10% discount when shopping at the retailer's stores. The scheme will last until July 12th when it will be reviewed. This latest initiative follows on from Morrisons...
14 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update: Tesco releases annual results and updates on COVID-19: More normal shopping behaviour has resumed after a surge in demand for certain items in the first few weeks of the crisis caused sales uplifts of c.30%. Grocery home shopping capacity has been in...
06 April 2020
Walmart has halted moves to sell a majority stake in its UK business so it can focus fully on its response to the Coronavirus (COVID-19) pandemic, according to press reports. No rush to resume sale process Sources at the retailer, speaking to CNBC under condition of anonymity, said the sale process has been paused to allow the leadership team to concentrate fully on the day to day running o...
06 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: GB grocery market sees fastest growth on record. Market growth for the 12 weeks to 22 March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks. . More details ...
03 April 2020
Asda has announced the addition of 300,000 slots to its online delivery operation, as demand for home deliveries increases due to the coronavirus pandemic. 700,000 slots a week As a result of the move, the number of delivery slots available on a weekly basis has now risen to 700,000, split evenly daily. Roger Burnley, Asda’s CEO, commented: “ We have been working around the clock to expa...
01 April 2020
Market growth for the 12 weeks to 22 nd March was +7.6%, the fastest rate in over a decade, according to Kantar. The rapid growth was driven by a 20.6% surge in sales over the last four weeks – equivalent to an extra £10.8bn of spending - as shoppers stocked up on groceries and switched back to retail from out-of-home consumption in response to the Coronavirus (COVID-19) pandemic. Huge increa...
30 March 2020
Asda has announced that it is extending support for colleagues who need to self isolate because of Coronavirus COVID-19. Full paid leave for vulnerable colleagues Asda is now offering fully paid leave to vulnerable colleagues, including pregnant colleagues and those aged 70+, as well as the carers of extremely vulnerable people. This is in addition to offering full pay to colleagues identif...