Asda news

21 June 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 12 June 2022 total till roll consumer spend in Great Britain fell by 1.9% versus 2021. While the market contracted over the 12-week period it was its best performance since October 2021 and the data showed it grew by 0.4% over the latest four-week timeframe. Inflation begins to...
15 June 2022
Asda has confirmed that chief customer officer Meg Farren will leave the business after less than a year. The retailer has also made public several other appointments. Meg Farren to leave Asda Meg Farren joined Asda last July from KFC and is returning to the quick service restaurant giant to be general manager of KFC UK and Ireland. During her time at Asda Farren has worked on developing As...
09 June 2022
In newly released five-year market forecasts, IGD predicts the grocery market will grow by 11.3% over the next five years from £216.8bn to £241.3bn. While inflation will underpin the majority of growth in 2022, with a 3.5% value increase predicted, this will moderate from 2023 onwards. With the war in Ukraine impacting the UK supply chain and food prices expected to increase by 8.9% in 2022, I...
27 May 2022
Asda has revealed that ex-fuel LFL sales fell by 9.2% in the three months to March 31 st reflecting the challenges it faces from shoppers making economies and elevated comparatives from a year ago. Food price inflation hits shopper confidence Explaining its performance, Asda cited data from its Income Tracker which has recorded its largest fall since its creation in 2008, with the under 30...
24 May 2022
As new data shows inflation reached 7.0% in Great Britain in the last four weeks, we round up initiatives from Asda, Iceland and Superdrug as they look to promote the value on offer. Asda relaunches ‘Blue Light’ discount Asda has relaunched the 10% saving it offered holders of Blue Light Cards, which it provided during the pandemic. The offer will enable workers in the NHS, emergency se...
24 May 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 15 May 2022 total till roll consumer spend in Great Britain fell by 4.4% versus 2021. This was the second month in a row when sales fell underlining how the opening of the industry as the pandemic’s effects lessen has also been impacted by rising inflation. The fall came despit...
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 for...
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. Compa...