Asda news

16 May 2022
The government has announced revised dates for some HFSS restrictions. What has changed? There have been two major changes to the timelines of implementing HFSS policies: Restrictions on volume price promotions e.g., BOGOF have been postponed by one year, until October 2023 The restrictions banning HFSS adverts on TV before 9 pm and paid-for adverts online will also be paused f...
06 May 2022
Asda has launched a new price match initiative against Home Bargains, in a move that demonstrates how much of a threat the fast expanding variety discounter has become to the UK’s third largest grocer. Source: IGD Research Price Matching on over 100 lines Home Bargains Price Match extends to over 100 popular branded lines stocked by the variety discounter. While the focus is v...
03 May 2022
According to a report by The Wall Street Journal, Couche-Tard and EG Group could potentially merge, with the latter valued at around US$16bn. Where do the two businesses overlap? The convenience market in the U.S is highly fragmented, with approx. 150,000 stores trading. Couche-Tard is the second largest operator with about 7,150 sites, while EG has approx. 1,700 stores. The merger could he...
26 April 2022
The latest release from the insight business Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 17 April 2022 grocery retail spend in Great Britain fell by 0.6% versus 2020. This is the first time since the beginning of the pandemic that this comparative has been negative, showing once again the impact the first lockdown had on boosting the sector. Com...
26 April 2022
Morrisons and Asda have reacted to the rising cost of living by implementing price cuts on a range of key lines to shore up the loyalty of price sensitive shoppers. Food price inflation hits shopper confidence Rising prices are a huge concern for many shoppers, eroding household disposable income with the impact being most acutely by the least well-off households. All items inflation as mea...
29 March 2022
The GB market declined by 6.3% in the 12 weeks to March 20th against 2021’s elevated performance, according to the latest data from Kantar. This result is being driven by the eating out sector reclaiming some spend from retail and food-to-go sales also picking up as socialising and working patterns begin to normalise. Compared to March 2020 when the pandemic impact started, sales were ahead by ju...
29 March 2022
Asda has revealed that sales edged upwards in 2021 and profits climbed substantially in its first results release under Issa brothers ownership. It has also used the occasion to highlight three new initiatives on private label, customer loyalty and quick commerce. Sales edge upwards against elevated comparative For calendar 2021 as a whole, Asda's sales grew by 0.5% (+0.6% LFL) to £20.4bn, ...
24 March 2022
Asda has revealed details of the first 15 brands to pass through its Nurture programme, aimed at encouraging innovation from small scale suppliers. 46 lines will now be introduced to almost 100 stores over the next month, some of them exclusive to Asda, helping to provide unique reasons for shoppers to choose the retailer. Affordable innovation Starting from 95p, the range will be displayed...
23 March 2022
Asda is set to launch a new "Just Essentials" value range in a fresh push to support shoppers hit hard by the rising cost of living, according to a report in The Grocer. It is also said to be preparing for a nationwide rollout of its Asda Rewards loyalty scheme. Just Essentials range to be launched shortly The new budget range will cover around 300 lines, both food and non-food and is taske...
09 March 2022
2022’s official Fairtrade Fortnight ran from 21 February to 6 March. We look at how three retailers and quick commerce operator Zapp promoted Fairtrade products and supported the event. What is Fairtrade? The Fairtrade Foundation defines Fairtrade as, ‘a system of certification that aims to ensure a set of standards are met in the production and supply of a product or ingredient. For farme...