All Asda articles
Asda was formed in 1965 following the merger of Asquiths and Associated Dairies, and has established itself as one of the UK’s biggest supermarket players. The grocer is renowned for its focus on everyday low prices and an extensive product assortment, operating mainly from large out-of-town supermarkets and hypermarkets across the UK. it was acquired by US retail titan Walmart in a £6.7bn deal. Walmart sought to reduce its exposure to the fiercely contested British market and, after a merger with Sainsbury’s was blocked by the Competition and Markets Authority, eventually sold a majority stake in Asda to petrol forecourt tycoons the Issa brothers in February 2021.
-
Retail Navigator AnalysisAsda (Strategy)
Asda’s partnership with Amazon to allow consumers to pick up and return Amazon parcels – label-free and box-free – at over 700 UK Asda stores will help the grocer continue to enhance convenience for shoppers.
-
NewsAmazon has partnered with Asda to launch parcel pickup and returns at supermarkets
Amazon and Asda have teamed up to launch parcel pickup and label-free, box-free returns at over 700 of the supermarket’s stores across the UK.
-
AnalysisAre job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From “disappointing” to “clobbered”, the retail backlash to last month’s Budget has only grown with every passing day. The next question is what the sector will do in response?
-
NewsSupermarket sales hit 2024 highs as inflation creeps up ahead of Christmas
Take-home sales at the grocers hit their highest point of the year, even as inflation began to inch up in the run-up to the all-important Christmas period.
-
Retail Navigator AnalysisAsda (Financials)
Total revenue including fuel edged up 0.7% to £24,630.8m at Asda Stores in the year to 31 December 2023 (FY2023), up from £24,461.7m the previous year. An overall decline in fuel sales was offset by growth in retail sales, with retail sales excluding fuel increasing 5.8% to £21,616 in FY2023, compared to £20,436 the year before.
-
NewsAsda appoints new interim ecommerce boss bringing over two decades of expertise
Asda has today announced the interim appointment of Barney Burgess as vice president of online, as it waits for David Devany to join the business later in 2025.
-
NewsAsda is expected to make more job cuts following fresh round of redundancies
Asda is considering more job cuts after making nearly 500 staff redundant last week.
-
NewsLord Rose: ‘Business has been clobbered’ by the Budget and Trump election will stimulate growth
The defacto interim chief executive of supermarket giant Asda Lord Stuart Rose has joined the chorus of senior retailers slamming the recent Budget as “unhelpful” while being cautiously optimistic about Trump’s election win stimulating economic growth.
-
NewsAsda to axe jobs as it forces staff back to the office three days a week
Asda has confirmed it will be slashing jobs and making changes to its hybrid working model in a bid to reverse its decline.
-
NewsAsda makes new senior appointments to ‘help drive 2025 growth ambitions’
Asda has today unveiled two new senior appointments to “help drive its growth ambitions in 2025”.
-
NewsAsda teams up with Decathlon for new sportswear partnership
George at Asda is adding hundreds of Decathlon products to its website under a new partnership.
-
AnalysisRevealed: The UK’s top grocery innovators and what’s key to their success
As the most competitive retail sector in the UK, nothing comes easy for the grocers, making innovation and transformation an essential part of supermarket strategies as they fight for share of wallet.
Here we reveal three of the winning grocery innovations explored in Retail Week’s latest report, The Grocery Innovators: Redefining Food Retail -
DataRanking: The most sustainable retailers according to shoppers
New data collected by Lumina Intelligence exclusively for Retail Week shows customers believe Marks & Spencer and Tesco are the most sustainable retailers.
-
Opinion‘Mohsin Issa’s Asda departure paves the way for Lord Rose to bring much-needed stability’
With Asda sales tanking and its market share in free fall, Mohsin Issa stepping down from running the business finally paves the way for new leadership to bring a semblance of stability back to the business, writes news editor Hugh Radojev
-
NewsRose steps up at Asda as co-owner Mohsin steps down
The supermarket today announced that co-owner Mohsin Issa would be relinquishing his executive role to focus on EG Group.
-
AnalysisLIVE 2025 Retail Week x The Grocer: Meet the key speakers
Here are just some of the speakers that will be taking to the LIVE stage on February 11, 2025.
-
NewsAsda chair Lord Rose: ‘We can’t become a state where people just live on handouts’
Asda chair Lord Rose has warned that Britain’s “worklessness crisis” will take decades to address.
-
Opinion‘As Asda flounders and Aldi’s sales slow, the battle for this year’s Christmas table will dictate grocery success’
The seasonal showdown in grocery may be particularly interesting this year at the value end of the market where Aldi, Lidl and Asda will slug it out amid shifting dynamics, says George MacDonald
-
NewsAsda workers are staging protests as equal pay claim case kicks off
Some Asda workers are staging demonstrations in Manchester and Brighton as an equal pay claim against the retailer begins.
-
AnalysisPower to the people: the age of striking retail workers
A rising number of retailers are facing threats of industrial action from employees with the help of trade unions. Retail Week delves into why retail workers are increasingly opting to strike