Asda news

19 March 2021
Roger Burnley has decided to step down as CEO of Asda next year once the business has transitioned to new ownership and a long-term successor is in place. Though not an unexpected development, the departure of Asda’s highly respected chief executive adds to uncertainty surrounding the business. In this article I look at the challenges facing Asda as its priorities shift under the Issa brothers’ o...
02 March 2021
The GB market grew 12.5% in the 12 weeks to 21 February, according to the latest results from Kantar. This period included Christmas and the reintroduction of lockdown restrictions, which drove growth. Strong growth is now expected to slow Sales accelerated further in the last four weeks to +15.1%. This was the fastest rate of growth since June 2020. Market growth is however now expected to...
02 March 2021
After the tumultuous year that was 2020, what can we expect in the grocery sector in the year ahead? In this second article I will consider the changes impacting and affecting retailers. Readers can access our first article on trends impacting shoppers here . 4. New wave of store format innovation Across the Big Four we’re seeing a new wave of format innovation centred around compact fo...
25 February 2021
Asda has announced plans to transform how it serves online demand  - with a big expansion of its store pick model, the proposed closure of two home shopping centres and a consultation to simplify ways of working across store teams. Responding to a structural shift in demand Providing context for the changes, Asda noted how it has increased online capacity by 90% since last March to 850,000 ...
18 February 2021
Asda has confirmed that trading for 2020 finished on a strong note, lifted by particularly rapid growth online. The news follows Tuesday’s announcement the acquisition of the business by the Issa Brothers and TDR Capital has now completed. Pick-up in growth for Q4 and Christmas In the three months to December 31, LFL sales grew by 5.1%, Asda’s fastest rate of any quarter in 2020. For the Ch...
04 February 2021
Asda is removing cartoon characters from more of its products, as reported by The Grocer. Step continues process kicked off in 2020… The step has seen Asda remove cartoon characters from the packaging of nine ice cream and ice lolly products, 14 private label confectionery lines and four milk products. The step sees the retailer continue to remove the imagery from packaging, which it starte...
03 February 2021
2021 saw a staggering increase in the number of sign-ups for Veganuary, with more than 500,000 pledging to follow the plant-based diet, double the number than 2019. Over the years, the trend has gained traction. However, this year the on-going pandemic has caused people to consider and rethink their lifestyle habits and focus on eating healthy. In our report on Veganuary, 2021 we explore wha...
03 February 2021
It has been announced that EG Group, currently in the process of acquiring Asda Stores Ltd in partnership with TDR Capital, is to detach Asda’s forecourt operations in a separate £750m deal and integrate them with the international forecourts business that EG operates across three continents. Will boost EG’s UK forecourt network to c710 sites The deal to acquire the Asda forecourts, which i...
02 February 2021
The GB market grew 12.2% in the 12 weeks to 24 January, according to latest results from Kantar. As restrictions once again increased, the online and convenience channels continued to benefit the most from changes in shopping habits. Increased restrictions drive up spend A combination of the festive season and the reintroduction of lockdown restrictions drove growth. With dining out no long...
02 February 2021
Asda is to offer priority access to online delivery slots for 5,000 nurseries that are providing essential childcare services during the UK lockdown. Advance access to slots The retailer is providing nursery customers with a Priority Pass, giving advance access to slots up to 21 days in advance. With the scheme Asda said it is recognising the vital role nurseries are playing in supporting p...