Asda was formed in 1965 and has established itself as one of the UKâs 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. Retail Week provides news, analysis, features and opinion about Asda and the grocery sector.
Asda has outsourced delivery of its George clothing brand to DHL, putting up to 1,200 jobs at risk, according to shopworkers union GMB
Asda has cut the price of thousands of products in a pledge to be cheaper than Tesco, Sainsburyâs and Morrisons.
Ocado was the fastest-growing retailer once again as consumers showed growing appetite for festive shopping online
Asda was the only major British supermarket to see its sales fall over the peak Christmas trading period, despite consumers spending a record ÂŁ13.8bn at the grocers.
Asda has hired a new IT chief following the fallout from its delayed Project Future IT separation from Walmart.
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