Asda news

12 October 2020
Amazon has launched its first custom electric delivery vehicle in the US in partnership with electric vehicle manufacturer, Rivian. Meanwhile, Asda has also launched a trial of a new form of electric assisted cargo bike. Amazon’s first custom electric delivery vehicle Amazon has launched the electric delivery vehicle as part of its Climate Pledge. The Climate Pledge was co-founded by Amazon...
02 October 2020
Walmart has confirmed that the Issa brothers, co-CEOs of leading forecourt operator EG Group, and supported by TDR Capital have agreed to acquire its UK operations. The deal in brief Issa Brothers and TDR Capital will take equal shareholdings in Asda Walmart will retain an equity stake with an ongoing commercial relationship The deal values Asda at £6.8bn, on a debt-free and cash-f...
28 September 2020
The owners of forecourt operator EG Group are reported to have won the race to be the preferred bidder to buy Asda from Walmart. Issa Brothers and TDR understood to be preferred bidders Though not confirmed by Asda or Walmart at the time of writing, Sky News, citing City sources, has reported that a consortium led by Mohsin and Zuber Issa and backed by TDR Capital has been chosen by Walmart...
23 September 2020
This week, Asda will become the first UK supermarket to launch a vegan destination in store with two bays entirely dedicated to plant-based products. The launch follows a survey undertaken for the retailer which found that 17% of UK households are reducing their meat intake or following a plant-based diet, a trend also confirmed by recent  IGD ShopperVista research . New lines to meet surging ...
22 September 2020
As Christmas products are starting to hit the shelves, retailers and suppliers are hopeful that despite conditions, shoppers will be looking for little luxuries at the end of the year. We explore six themes for Christmas this year and what retailers are doing to help create an exciting festive season. More time spent at home With concerns about the virus, people will be spending more time a...
18 September 2020
Asda has unveiled two new trial partnerships with leading brands, as it follows through on its 'test and learn' strategy to make stores more engaging to shoppers. B&Q in-store shops A collaboration with the UK's leading home improvement retailer will see compact B&Q stores installed in four Asda superstores. The first two stores, which will open in Dagenham and Sheffield later this year, wi...
15 September 2020
Market growth once again slowed in this reporting period as shoppers continued to return to their pre-Covid behaviours, and many stopped shielding. In the 12 weeks ending 6th September take home grocery sales grew by 10.8%, according to Kantar. This was the fifth month to see double digit growth, however was a slowdown compared to the 14.4% growth seen in the previous reporting period. We l...
03 September 2020
The grocer brings back "That's Asda Price" in its latest Rollback campaign, amid fierce competition to win shoppers over with everyday low prices. Lower prices on 1000s of products Asda will lower the prices of branded and own label products across the store, including fresh, ambient, non-food, and GM categories. To raise awareness of the price investment, the grocer is bringing back its...
25 August 2020
Morrisons has launched its Market Kitchen food-to-go concept at a second store, following the launch at its Canning Town store last year. As reported by The Grocer, Asda has also opened a new Asian street food KellyDeli concession. Second Market Kitchen concept Morrisons has opened its Market Kitchen concept at its Manchester Piccadilly Gardens store. Customers can choose from a range of...
18 August 2020
In the 12 weeks ending 9th August take home grocery sales grew by 14.4%, according to Kantar. This was a slight slowdown compared to the 16.9% growth of the previous reporting period. Growth slowed as restrictions eased further and shoppers began to return to their normal habits, with average spend declining and frequency of visit increasing. We look at the results in more detail and the lates...