All Asda articles – Page 7
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News
Asda credits focus on value for sales jump
Supermarket chain Asda has reported a 9.6% increase in like-for-like sales, which it credited to its “continued focus on value”.
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Analysis
School uniform prices: how competitive is the rest of retail compared to the supermarkets?
School uniform is a key battleground in the back-to-school price war, and the cost-of-living crisis threatens to make the competition even fiercer. As the end of summer approaches, Retail Week explores how competitive supermarket uniform prices are in comparison to the rest of retail
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News
Update in Asda equal pay case could cost £1.2bn
A new update in the ongoing Asda equal pay battle could result in the supermarket forking out £1.2bn in payouts to 55,000 shopfloor workers involved in the case.
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News
Asda cuts prices on more than 200 own-brand products
Asda has cut the prices of more than 200 of its own-label products in a bid to continue supporting families during the cost-of-living crisis.
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News
Asda co-owner told responses to parliament ‘detrimental’ to brand
Asda co-owner Mohsin Issa was told his answers were damaging to the brand during a parliamentary hearing over the retailer’s fuel pricing and employment practices.
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Analysis
The biggest consumer trends of Christmas 2023
How customers will be shopping during the 2023 golden quarter
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News
Shopper spend on grocery promotions helps keep inflation down
Grocery price inflation fell over the last month when shoppers snapped up promotions.
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Analysis
Fashion and beauty retailers will be most resilient this Christmas
Fashion and health and beauty will be the only two sectors to record both value and volume sales increases this golden quarter, Retail Week’s new report reveals
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News
Asda owner Mohsin Issa to face MPs over fuel prices
Entrepreneur Mohsin Issa, the co-owner of Asda, is set to appear before MPs again following issues over Asda’s fuel pricing as well as an “unclear” fire-and-rehire policy.
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News
Competition watchdog fines Asda for failing to comply with fuel inquiry
The Competition and Markets Authority (CMA) has fined Asda £60,000 and named Morrisons for targeting higher fuel margins, as it sets out its plan to drive down fuel prices.
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Analysis
Exclusive survey: 75% of consumers believe supermarkets profiteering
Despite the protestations of the big supermarkets about falling profits and investment in price, our new consumer survey shows that shoppers feel grocers are profiteering during this ongoing period of high inflation
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Analysis
How did supermarket bosses fare in the glare of Westminster spotlight?
In a public forum designed to intimidate and pressurise, the traditional big four supermarkets more than held their own, but the spectre of further scrutiny looms
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News
Exclusive: Customers believe supermarkets are more guilty of profiteering than banks
Shoppers believe supermarkets are more guilty of “profiteering” during the cost-of-living crisis than banks, according to new research.
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News
Grocery bosses to point to dwindling profits ahead of grilling by MPs
The traditional big four grocers are preparing to point to dwindling profits as a result of increased costs to head off accusations of profiteering at tomorrow’s crunch price summit.
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News
Grocery inflation hits ‘lowest level this year’ but still at 16.5%
Grocery price inflation has fallen to its lowest level this year, but is still at the sixth-highest monthly figure recorded since 2008.
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News
Asda and Sainsbury’s ordered to end ‘anti-competitive’ property restrictions
Asda and Sainsbury’s are removing restrictions on rivals operating on land they own following an intervention by the competition regulator.
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News
Asda freezes prices on 500 grocery products
Asda is putting a price freeze on more than 500 of its branded and own-brand products until the end of August in a bid to “give customers more control over what they spend”.
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News
EG Group refinances following Asda deal
Forecourts giant EG Group has reported “significant strategic progress on deleveraging and refinancing” following the sale of its UK and Ireland division to Asda.
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News
Asda’s assets used to fund EG Group UK and Ireland takeover
Asda’s takeover of EG Group UK and Ireland is reportedly being funded by the sale of the supermarket’s assets.
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Opinion
‘Government should forget food price caps and let shopkeepers shopkeep’
The latest government idea to combat the cost-of-living crisis is so outlandish that it might have been formulated on Neptune, the furthest planet from Earth, rather than in Downing Street