All Asda articles – Page 15
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Data
Data: Amazon to topple Tesco as UK’s largest retailer by 2025
Amazon will leapfrog Tesco to become the UK’s biggest retailer within the next four years, new forecasts suggest.
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Opinion
‘Making second-hand mainstream starts with trust’
For years, Retail Week readers have been divided on whether concerns about sustainability really cut through to consumer purchasing decisions.
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News
EG Group hails strength of foodservice business as first-quarter profits rise
EG Group has hailed the growth of its foodservice business after delivering increased profits in the first quarter.
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Interview
Interview: Asda strategy boss Preyash Thakrar on turning supermarkets into retail destinations
Having unveiled a flurry of recent in-store partnerships with the likes of The Entertainer, B&Q and Greggs, Asda’s chief customer officer tells Retail Week why the grocer is leaning so heavily into collaboration.
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Retail Navigator Analysis
Asda (Overview)
Asda is the UK’s third biggest grocer with fewer but larger stores than its main rivals. As such, non-food is also a key part of the offer, underpinned by its George clothing and homeware brand.
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Retail Navigator Analysis
Asda (People)
Former CEO Roger Burnley stood down in August 2020. The search continues for the next CEO after co-owner Mohsin Issa has stepped back from the day-to-day running of the business.
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News
Asda owners to sell 27 forecourts to smooth competition concerns
Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.
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News
Asda to sell second-hand clothing in George stores
Supermarket chain Asda is set to start selling second-hand clothes in 50 of its stores across the UK, following a successful trial in Leeds.
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Analysis
Analysis: Who is set to win retail’s latest price war?
Retailers ranging from Asda and Sainsbury’s to John Lewis and Asos have all cut back prices this year in a bid to lure cash-conscious shoppers. Which retailers will fare well and which will flounder in retail’s new price war?
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Data
Data: The grocery winners and losers from the Covid-19 pandemic
Now that most grocers have issued full-year results, Retail Week crunches the numbers on a year marked by the coronavirus pandemic that supercharged food retailing.
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News
Retail Connected 2021: Hear from Mars and Ikea as day one kicks off
More than 100 speakers from around the world, including leaders from Alibaba, Walgreens Boots Alliance, Adidas, Levi’s and Shopify, will take to the virtual stage throughout this week at our new digital event.
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News
Issa brothers’ Asda swoop sparks competition concerns
The Competition and Markets Authority (CMA) has raised competition concerns over the Issa brothers taking over Asda petrol forecourts – but has also opened the door to rubber-stamping the deal.
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Analysis
Analysis: Will the supermarket shop-in-shop resonate now high streets have reopened?
One of the retail phenomena of the past year has been the rise and rise of the supermarket shop-in-shop.
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News
EG Group swoops for £100m Leon acquisition
EG Group, the petrol forecourts business whose billionaire founders also own supermarket chain Asda, have snapped up food-to-go business Leon for £100m.
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News
Asda faces mass exodus as top team seek new roles
Asda chief financial officer Rob McWilliam has stepped down from his role, as a number of Asda’s senior staff prepare to quit after receiving their final payouts from the Walmart share scheme.
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Analysis
Life after Covid: John Lewis, Asda and Ikea on retail’s post-pandemic priorities
From a renewed focus on price to a more flexible workforce and changing approaches to online, stores and supply chain, Retail Week looks at what’s top of the to-do list for retailers.
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News
Asda to restructure in-store bakeries putting 1,200 jobs at risk
Grocery chain Asda is set to axe as many as 1,200 jobs as it looks to shake up in-store bakeries across its 341 UK supermarkets.
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News
Asda to partner with In The Style as it rules out George sale
Asda’s new owners the Issa brothers have committed to keeping the retailer’s George brand and unveiled plans to partner with third parties to attract younger customers.
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Analysis
Analysis: Has private equity ownership done retail more harm than good?
Buy cheap, pile on debt, flog assets and extract the value, sell high to a new owner and pay yourself handsomely – that’s one characterisation of private equity, with recently collapsed department store group Debenhams seen as the poster child in critics’ eyes.
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News
Union hails ‘massive victory’ as Asda equal pay challenge fails in Supreme Court
Grocery chain Asda could be forced to pay out as much as £500m to employees following its latest setback in a long-running equal pay battle.