Asda news

20 March 2020
Asda has announced plans to hire more than 5,000 people whose jobs have been impacted by the COVID-19 outbreak. Opportunities for foodservice and travel sector workers The retailer is working with more than 20 national companies in sectors affected by COVID-19, such as travel and foodservice, to offer shifts or secondments to colleagues without work. Asda colleagues are also being urged to ...
19 March 2020
UK retailers are taking immediate action to address the challenges created by the COVID-19 outbreak. In this article we round up the latest initiatives from the sector. Prioritising vulnerable customers in-stores Sainsbury's has set aside the first hour of trading in every supermarket for elderly and vulnerable customers. For all other customers, its supermarkets will open one hour later th...
17 March 2020
Despite current stock market volatility, Walmart is understood to be pressing ahead with its planned divestment of Asda after receiving bids for its UK business, according to a Bloomberg report. Three buyout specialists have now been invited to join the next round of bidding according to sources close to the process. Three bidding parties Apollo Global Management - one of the world's l...
03 March 2020
Market growth for the 12 weeks to 23rd February was +0.7% according to Kantar, up from +0.3% last month. Despite being modest, this was the fastest growth since November 2019. Sales were driven by better performance across the multiples. We look at this and the latest news from the leading retailers in more detail. Sainsbury's strongest performer of the Big Four Sainsbury’s was the best per...
02 March 2020
Asda has announced an exclusive partnership with YO! Group, the owner of YO! Sushi, to trial a new pan Asian street food concept at 20 of Asda's larger stores. Panku concessions to launch in Asda 'Panku' – which is Japanese for punk – will be opening 20 concessions in Asda stores across the UK. The menu brings together favourite flavours of pan Asian street food from Japan, Korea and Thaila...
26 February 2020
Walmart has revealed that it is in early stage discussions to sell a controlling stake in its UK arm, Asda.  The announcement follows signals from Walmart's leadership team last year that it was exploring an alternative future for Asda that did not involve its full ownership. This decision in turn follows the prohibition of Asda's proposed merger with Sainsbury's by the UK's Competition and Marke...
18 February 2020
Asda has revealed that its sales declined in the final quarter of 2019 with results impacted by challenging market conditions, particularly in clothing. Grocery sales were however reported to be 'more stable' at Walmart's UK business. Sales down 1.3% Like-for-like sales, excluding fuel, fell by 1.3% in the three months to December 31st. The result makes Q4 Asda most negative quarter since Q...
13 February 2020
Asda and Greggs have launched a new partnership that will see concessions from the food-to-go specialist open at five Asda stores from March 2020. Bringing Greggs to Asda stores The stores will offer the same product range as standalone Greggs shops, including its popular Vegan Sausage Rolls and Vegan Steak Bakes, as well as breakfast rolls, sandwiches and wraps, pasta salads, sweet treats,...
04 February 2020
The start to 2020 saw weak growth in the GB grocery market, with sales +0.3% in the 12 weeks to January 26th, according to Kantar. Once again shoppers committed to Dry January and Veganuary, boosting sales in some areas but not driving significant growth across the sector. We look at this in more detail and key retailers' performance during the period. Volumes continue to fall The slow mark...
30 January 2020
The new year has brought in a flurry of new retail appointments from Sainsbury's, Asda, Morrisons, Waitrose and Crussh.  Key senior appointments Sainsbury's Mike Coupe is set to retire after six years in the role, to be replaced by Simon Roberts: read more about the news here  and a profile of Roberts here The John Lewis Partnership prepares for its Future Partnership structure...