Asda news

31 October 2019
Retailers globally are looking at ways to limit the use of plastic throughout their supply chains. The initiatives aim to balance the need to protect the quality of products, while also reducing their use of plastic and, therefore, their impact on the environment. We look at five ways retailers are aiming to reduce their use of plastics. Asda launches plastic free herbs Asda has introduced ...
22 October 2019
As excitement builds for Halloween, we share three initiatives helping widen the event’s appeal, offer ease and an element of surprise to customers. Asda: appealing to all ages Asda’s online hub offers a range of Halloween promotions, targeted at adults. This includes an offer of 25% off when shoppers buy six or more bottles, widening the appeal of the event and driving basket size. Offe...
15 October 2019
No longer against the strong summer figures, the grocery market has picked up the pace in the 12 weeks to October 6th. Growth was +1.3%, from +0.5% in the previous period, according to Kantar. With inflation dropping from 1.0% to 0.8%, higher volumes drive this growth. We look at the results in more detail and the latest news from the key retailers. Ocado remains fastest growing supermarket ...
03 October 2019
Asda is set to trial a new bulk buy warehouse concept at one of its leading store locations, according to reports in The Grocer, confirmed with Asda by IGD. The new format will share similarities with Sam’s Club, the warehouse club format also owned by Walmart. While details have yet to be finalised, it is likely that format will target independent retailers but unlike Costco will not charge a...
17 September 2019
The grocery market returned to growth in the 12 weeks to September 8th with sales at +0.5% according to Kantar. Following a challenging summer, the warmer weather over the August bank holiday helped to boost sales. We look at the results in more detail including the impressive performances from Co-op and Ocado. Stand-out performance from Co-op Co-op saw excellent growth in this period with ...
16 September 2019
Asda has filed significantly improved results for FY 2018, with a pick-up in both revenue growth and profits. Highlights for the year to 31 December 2018 Total sales + 2.1%, exc. VAT and fuel (2017: +0.8%) LFL sales +1.6%, exc. VAT and fuel (2017: +0.5%) Total sales +3.1%, inc. fuel to £22.9bn (2017: +2.6%) Operating profit +9.2% to £803m Operating margin: 3.5% (2017: 3.3%) ...
03 September 2019
Asda has launched a four-week trial of a second-hand clothing charity clothing shop, ‘Re-Loved’, at its Milton Keynes branch. Driving more sustainable shopper behaviour Asda has launched a trial of a shop-in-shop unwanted clothes pop-up at its Milton Keynes branch, ‘Re-Loved’. The trial launched on September 2nd and is set to last four weeks. The move is designed to encourage shoppers to...
02 September 2019
Asda's company secretary and general counsel Alex Simpson is to step down from his role on September 12th to take up a new position at Amazon. Key figure in Sainsbury's merger bid Alex Simpson has served for over eight years at Asda and was a key figure in issuing legal guidance during last year's now abandoned bid to merge the business with Sainsbury's. In a memo to colleagues CEO Roger...
20 August 2019
In the 12 weeks to August 11th supermarket sales were flat according to new market data from Kantar. We look at the factors influencing this and key retailers' performance.   Poor weather affects sales Retailers are still failing to repeat the success of 2018, and the strong results generated by the hot summer. Despite the hottest day of the year falling within this period, the weather has ...
15 August 2019
Asda has reported LFL sales growth of 0.5% for the three months to June 30th and highlighted the pressure its business faces from the uncertainty surrounding Brexit. Q2 increase fails to compensate for sales decline in Q1 Q2's 0.5% growth follows a sales decline of 1.1% in Q1 which was impacted by the absence of Easter from the period. Taking the two periods together, sales were down 0.3% o...