All Asda articles – Page 17
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NewsTesco chair Allan warns of higher food prices in no-deal Brexit
Tesco chair John Allan has said the grocer is pre-emptively stockpiling in case of a no-deal Brexit, which would trigger price rises and limited availability on some fresh food products.
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NewsCompetition watchdog to investigate Issa brothers’ Asda acquisition
The competition watchdog has launched a probe into the Issa brothers’ £6.8bn takeover of Asda.
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AnalysisWho will be the retail CEOs of the future?
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers over the next five years.
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NewsB&M and Pets at Home follow grocers and forego rates relief
Value giant B&M and specialist retailer Pets at Home have become the latest retailers to waive business rates relief after Tesco sparked a spate of such initiatives earlier this week.
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NewsAsda to repay £340m in business rates relief
Asda has become the latest in a growing list of grocers to voluntarily waive business rates relief and repay the government in full.
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AnalysisAnalysis: Tesco’s rate repayment likely to trigger domino effect
Tesco’s decision to repay its business rates relief in full will almost certainly lead to a chain reaction of others following suit. But while other dominoes look set to fall, many in the industry are questioning Tesco’s true motives.
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NewsIssa brothers’ EG Group fails in Caffè Nero bid
EG Group, the petrol forecourts empire of Asda’s new owners the Issa brothers, has failed in a bid to buy Caffè Nero.
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NewsSupermarkets take a stand against racism following Sainsbury’s ad backlash
UK supermarket chains have joined forces to broadcast a number of adverts on Channel 4 as part of an anti-racism message.
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AnalysisWatch: Who won the battle of the Christmas ads?
This year more than most, people have been looking forward to the beginning of Christmas ad season. We’ve had the return of Kevin the Carrot, John Lewis giving a little love and racist comments surrounding the Sainsbury’s ad. But which offerings have hit the mark?
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NewsAsda sales rise as Christmas spending is brought forward
Asda has posted an increase in sales during its third quarter as demand for “key Christmas products” was brought forward.
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NewsNew Asda owners sell stake in EG Group empire
Asda’s new owners the Issa brothers have offloaded a stake worth hundreds of millions of pounds in their EG Group petrol forecourts business.
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AnalysisWhy Asda, Ikea and Tesco are betting on a sustainable post-pandemic future
Over the last few months, a throng of retailers have made pledges and launched initiatives to become more sustainable. But is the middle of a global pandemic the right time to be making these bold claims?
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NewsGrocery sales rise in October as record numbers flock online
Grocery sales jumped last month as a record number of shoppers turned to online.
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NewsTravis Perkins poaches Asda exec to helm digital transformation
Travis Perkins has snapped up long-standing Asda executive Phil Tenney to take up the role of chief information and technology officer, Retail Week can reveal.
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Opinion‘Why are auditors suddenly dumping retail clients?’
Boohoo, EG Group and Poundstretcher have all seen their auditors resign in recent weeks. Having originally fought for the engagement, why the about-turns?
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NewsAsda buyers hit by credit rating downgrade
Asda’s new owners the Issa brothers have had the credit rating on their petrol station chain EG Group downgraded by Moody’s amid concerns about its financial governance and internal controls.
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AnalysisHow retail changed my life: Sainsbury’s Ziggie Singh – becoming a somebody
Harsimran ‘Ziggie’ Singh was a fresh-faced teenager when he told his parents that he wanted to work in his local shop rather than go to college.
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NewsIn pictures: Asda unveils landmark ‘sustainability store’
Grocery giant Asda has opened a pilot “sustainability store” including product refill options, loose and unwrapped produce and a pledge that “customers will not pay more for greener options”.
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NewsEG Group reports record quarterly profits
Petrol forecourt specialist EG Group, which is controlled by Asda’s new owners the Issa brothers, has posted a record quarter of profitability.
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NewsDeloitte resigns as Asda buyer EG Group’s auditor
EG Group’s auditor Deloitte has resigned just weeks after the petrol station giant’s co-founders sealed a £6.8bn deal to acquire Asda.