Asda news

14 November 2019
Asda has posted a 0.5% decline in like-for-like retail sales for the three months to September 30th and highlighted how uncertainty about Brexit is impacting shopper confidence. The drop in sales represents a slight deterioration on performance in the first half of 2019 when sales declined by 0.3% (Q1 was -1.1% and Q2 +0.5%, with quarterly trends impacted by the timing of Easter). 'Doing the r...
12 November 2019
With increasing political uncertainty, and a very wet start to the autumn, growth in the 12 weeks to November 3rd slowed to 1%, a slight reduction compared to last month's 1.3%. We look at the range of performances amongst the leading retailers in more detail. Ocado continues to grow well ahead of the market Ocado retained its position as the fastest growing retailer, at 13.5%. It has now b...
08 November 2019
Speaking at IGD Live , Asda’s senior director of online grocery, Emma Seal, and its senior director grocery ecommerce, Phil Wilkinson, explained how the perfect online store is more than a website or an app. It is about digitally connecting customers, brands and values with great service, convenience and innovation: Consistent trusted experience Growth where customers care Sustai...
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...