All Asda articles – Page 12
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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.
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AnalysisThe biggest consumer trends of Christmas 2023
How customers will be shopping during the 2023 golden quarter
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NewsShopper 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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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
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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.
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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.
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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
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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
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NewsExclusive: 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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NewsGrocery 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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NewsGrocery 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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NewsAsda 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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NewsAsda 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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NewsEG 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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NewsAsda’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
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AnalysisWill Asda’s acquisition of EG Group UK and Ireland be a win for its customers or lenders?
Following Asda’s acquisition of EG Group’s UK and Ireland businesses, the grocer has been keen to stress this will be a win for consumers.
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NewsAsda says £2bn EG Group acquisition will create ‘new value-led consumer champion’
Asda has confirmed the acquisition of EG Group’s UK and Ireland operations for £2.27bn and said the move will create a “new value-led consumer champion”.
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NewsAsda to finalise £10bn merger with petrol stations group EG
The owners of Asda and petrol stations giant EG Group are set to finalise a £10bn merger of their operations, according to reports.
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NewsNext store staff win ‘crucial’ stage of equal pay battle
Approximately 2,000 Next staff have won a “crucial stage” of their legal dispute to win equal pay with their counterparts in warehouses in a legal first.