All Asda articles – Page 12
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NewsAsda to allow head-office staff permanent hybrid working
Grocery giant Asda confirmed today it would allow its 4,000 staff to permanently adopt a hybrid-working model, even after social-distancing measures are removed.
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NewsAsda wades into on-demand grocery battle with new one-hour Express Delivery service
Asda has become the latest established supermarket to move into the rapid grocery delivery space with the launch of its one-hour Express Delivery service.
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NewsMorrisons’ private-equity suitor told to up the ante as backlash continues
The private-equity firm behind rebuffed interest in Morrisons has been told to up its potential offer as the backlash against a mooted takeover of the grocer continues.
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AnalysisRevealed: UK consumers’ top 16 best-loved brands
UK consumers have revealed their most-loved brands and just a handful of retailers dominate when it comes to best stores, website, delivery service and value for money, according to Retail Week’s new free report The CX Factor.
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NewsCompetition watchdog greenlights Issa brothers’ Asda takeover
The Competition and Markets Authority (CMA) has greenlit the Issa brothers and TDR Capital takeover of Asda, allowing the new owners to push forward with their new strategy for the grocery giant.
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NewsAsda and Co-op partner with Unilever on refillable packaging trials
Both Asda and the Co-op are partnering with Unilever on a new refillable packaging trial, featuring some of the FMCG giant’s biggest brands.
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NewsAsda profits tumble as Covid costs bite
Asda has suffered a drop in full-year profits as costs incurred during the coronavirus crisis weighed on its bottom line.
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AnalysisHow inclusive is your culture really? Learning from M&S, The Very Group and Superdrug
Discover how leading retailers and organisations are advancing inclusion and championing equity, and what you can do to follow in their footsteps. Be Inspired’s new report reveals all.
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DataData: Amazon to topple Tesco as UK’s largest retailer by 2025
Amazon will leapfrog Tesco to become the UK’s biggest retailer within the next four years, new forecasts suggest.
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Opinion‘Making second-hand mainstream starts with trust’
For years, Retail Week readers have been divided on whether concerns about sustainability really cut through to consumer purchasing decisions.
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NewsEG Group hails strength of foodservice business as first-quarter profits rise
EG Group has hailed the growth of its foodservice business after delivering increased profits in the first quarter.
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InterviewInterview: Asda strategy boss Preyash Thakrar on turning supermarkets into retail destinations
Having unveiled a flurry of recent in-store partnerships with the likes of The Entertainer, B&Q and Greggs, Asda’s chief customer officer tells Retail Week why the grocer is leaning so heavily into collaboration.
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Retail Navigator AnalysisAsda (Overview)
Asda is the UK’s third biggest grocer with fewer but larger stores than its main rivals. As such, non-food is also a key part of the offer, underpinned by its George clothing and homeware brand.
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Retail Navigator AnalysisAsda (SWOT)
Asda has acknowledged that gaining access to EG Group’s ‘entrepreneurial experience in convenience retail’ was a key factor in the decision to sell to the forecourt retailer. The expansion of the Asda On the Move convenience format pilot that was kicked off on a handful of EG forecourts towards the end of 2020 is accelerating rapidly, with over 160 in place by May 2023 and the rollout set to gain still further momentum now that Asda has purchased EG Group’s UK and Ireland operations.
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Retail Navigator AnalysisAsda (Strategy)
Asda has completed the purchase of EG Group’s UK business, cementing its plans to become a force in “value-led convenience” and accelerating a likely push into food service.
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Retail Navigator AnalysisAsda (Financials)
Sales excluding fuel and VAT at Asda Stores Ltd edged up 0.1% to £20,436m in the year to 31 December 2022 (FY2022), compared to £20,409m the year before. Sales growth turned negative once again on a like-for-like basis, however, falling back by 0.2% against 0.6% LFL growth in FY2021.
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NewsAsda owners to sell 27 forecourts to smooth competition concerns
Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.
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NewsAsda to sell second-hand clothing in George stores
Supermarket chain Asda is set to start selling second-hand clothes in 50 of its stores across the UK, following a successful trial in Leeds.
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AnalysisAnalysis: Who is set to win retail’s latest price war?
Retailers ranging from Asda and Sainsbury’s to John Lewis and Asos have all cut back prices this year in a bid to lure cash-conscious shoppers. Which retailers will fare well and which will flounder in retail’s new price war?
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DataData: The grocery winners and losers from the Covid-19 pandemic
Now that most grocers have issued full-year results, Retail Week crunches the numbers on a year marked by the coronavirus pandemic that supercharged food retailing.