Asda news

03 December 2020
Sainsbury’s, Morrisons, Asda and Aldi have followed Tesco’s lead in deciding to repay business rates relief received from the UK government and devolved administrations during the pandemic. The moves follow criticism of food retailers taking advantage of the scheme while also being able to trade throughout the crisis. Repaying the tax breaks will make it easier for these retailers to pay dividend...
03 December 2020
As excitement builds, despite a different feel to Christmas this year, we share three initiatives that focus on offering ease, value, and support to local communities during the season. Hassle-free Christmas food box Food boxes have become increasingly popular in 2020, providing shoppers with a one-stop solution for celebrating seasonal events at home. To appeal to customers on a plant-base...
01 December 2020
Asda has announced that children will be able to eat for free at its cafes throughout December, in a move that should boost footfall to stores from high spending family customers in the run-up to Christmas. All cafes to offer free meals All 216 Asda cafes will take part in the scheme which allows children under the age of 16 a meal free of charge when accompanies by an adult. Stores locat...
27 November 2020
Speaking to Forecourt Trader magazine, Ilyas Munshi, Group Commercial Director for EG Group has emphasized that despite the company’s owners being closely involved in the recent acquisition of Asda, this represents a separate enterprise, and that for forecourt operator EG Group, everything is very much ‘business as usual’. Will explore opportunities to collaborate and work together ‘in due cou...
17 November 2020
Asda has revealed that LFL sales in the three months to September 30 th grew by 2.7%. This was a slowdown on Q2’s +3.8%, with the period coinciding with the end of the first UK-wide lockdown and the reopening of the hospitality sector. Online key to growth Asda reported that combined net sales across Asda.com and George.com were up 72% year-on-year as more customers took advantage of inc...
10 November 2020
Market growth in the 12 weeks to November 1st slowed slightly to 9.3%, from 9.4% in the previous reporting period, according to the latest Kantar results. We look at key retailers' sales growth and market share in more detail, including standout performances from Iceland, Lidl, Morrisons and Waitrose, who all grew above the market. Panic buying has not returned to levels seen before the first ...
20 October 2020
Asda has today opened a flagship sustainability trial store together with a new plastics reduction strategy that includes a pledge that customers will not pay more for greener options. The store at Middleton, Leeds, was due to open earlier this year but was delayed by the Covid crisis. It will function a Test and learn facility or sustainability, similar to its Stevenage technology store where ...
16 October 2020
The hypermarket channel is perceived to be struggling to grow, whether it is in store terms or sales. However, this is far from reality on a global basis. Retailers are finding ways to achieve incremental increases in basket size and are developing their proposition to attract shoppers back to store. We have selected three retailers investing in their largest stores and implementing new strategie...
14 October 2020
Asda has expanded its ‘test and learn’ partnerships strategy by joining forces with leading toy retailer, The Entertainer. It has also announced further initiatives to accelerate its in-store partnerships strategy. Five concessions to open The exclusive partnership will see The Entertainer turn the toy categories in five Asda stores into branded concessions offering customers a much larger ...
14 October 2020
In the 12 weeks ending 4th October market growth was +9.4%, according to Kantar, the first time we have seen it drop from double digits since April. In this article we explore the growth in more detail, leading retailers' performance, and highlight key pieces of content you may have missed in September and October. Changing restrictions once again impact behaviour Despite the overall drop f...