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.
-
NewsAsda boosts tech team as it separates systems from Walmart
Asda has appointed two new senior members of its technology team to help boost the development of a new strategy and lead on its separation from Walmart.
-
AnalysisForecast: Who will win in grocery as inflation begins to ease?
Grocery spend increased by 8.4% and 8.7% on a total and like-for-like basis respectively in the three months to July, according to the BRC-KPMG Retail Sales Monitor. This compares to a 1.5% increase for retail overall. With high rates of food inflation, value has been the key focus and, despite transaction value increasing, volumes have been in decline.
-
NewsAsda owners questioned by MPs over finances and price rises
MPs have questioned Asda over its finances and ability to help curb price rises and support customers during a cost-of-living crisis.
-
NewsMarks & Spencer says government response on period pants tax ‘isn’t enough’
Marks & Spencer has said the latest government response to making period pants free from VAT “isn’t enough” as its Say Pants to the Tax campaign continues to gain momentum.
-
NewsAsda makes price cuts on hundreds of products
Asda is investing £23m in cutting prices on 425 branded and own-label items in a bid to help households during the cost-of-living crisis.
-
NewsRetailers prepare for sales boost ahead of women’s World Cup final
Retailers including Waitrose, John Lewis, Asda, Marks & Spencer and Boohoo are expecting a boost in sales as football fans prepare for the Women’s Fifa World Cup final on Sunday.
-
GalleryAsda unveils new food-to-go format ‘Asda Food Hub’
Supermarket giant Asda has unveiled a new food-to-go store concept, designed to drive footfall by “providing great quality food-to-go options at an affordable price”.
-
NewsEG Group offloads bundle of US convenience stores
Forecourt retail specialist EG Group is to sell a bundle of convenience stores in the US.
-
NewsAsda 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”.
-
AnalysisSchool 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
-
NewsUpdate 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.
-
NewsAsda 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.
-
NewsAsda 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.
-
AnalysisThe biggest consumer trends of Christmas 2023
How customers will be shopping during the 2023 golden quarter
-
NewsShopper spend on grocery promotions helps keep inflation down
Grocery price inflation fell over the last month when shoppers snapped up promotions.
-
AnalysisFashion 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
-
NewsAsda 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.
-
NewsCompetition 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.
-
AnalysisExclusive 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
-
AnalysisHow 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