Retailers/Asda/News

Asda news

02 February 2023
Hydrogen Vehicle Systems (HVS), a UK-based hydrogen-powered commercial vehicle innovator, has announced that the consortium it leads, Hub2Hub, has been awarded £6.6 million to develop and deliver an autonomous zero-emission HGV for the UK market. The Hub2Hub consortium will create a self-driving heavy goods tractor unit, which will begin trials in 2024 with Asda. The £12 million venture has be...
26 January 2023
Asda has announced three change proposals as part of “ its ongoing efforts to improve customer experience in its stores and drive sustainable growth for the future .” Selected night shifts to go The first proposal will see the replacement of the overnight ambient and frozen shifts in 184 smaller superstores, with colleagues restocking ambient products between 7pm and midnight, and frozen pr...
23 January 2023
Private equity investor TDR and the Issa brothers, joint owners of forecourts business EG Group and supermarket Asda, are reported to be exploring a full merger of the two operations, with a view to securing more favourable terms in their upcoming refinancing of the extensive debts that EG Group has built up through its successive global acquisitions. EG Group operates significant forecourt est...
11 January 2023
January heralds a fresh start on healthier living, with one in five of us aiming to make New Year’s resolutions in 2023, according to YouGov. Improving our diets, losing weight and exercising are amongst the most common goals. Short but valuable window of opportunity This is a valuable window of opportunity for retailers and brands to encourage and support consumer behaviour changes. The ...
10 January 2023
January – typically a month that sees a wealth of initiatives from supermarkets around health and wellness – has seen some private label endeavours from most of the major UK grocers. With campaigns such as Veganuary and Dry January firmly embedded in the British supermarket calendar, the grocers are keen to climb aboard the bandwagon with own-brand launches and other merchandising initiatives. ...
19 December 2022
Earlier this month Asda opened its second standalone ‘Express’ convenience store in the UK situated in the heart of Tottenham Hale. This store marks the next step from the retailer that plans to open 300 more c-stores by the end of 2026 and create 10,000 new jobs; it’s designed to cater for a range of shopper needs including top up shops, food for now, food for later, as well as offering fresh in...
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...