Asda
British supermarket chain
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2025-05-29 15:15
Aldi claims victory over Asda in perceived price war - Giles Hurley, CEO of Aldi, claims the supermarket has outsold Asda.
- He describes Asda's price war as 'phoney', indicating a lack of authenticity in their pricing strategies.
- This declaration reflects Aldi's growing presence and competitive edge in the UK's grocery market.
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business 2025-05-29 13:45
Asda's Allan Leighton sees hope for rebuilding customer trust - Allan Leighton contributed to Asda's survival in the 1990s.
- The supermarket has faced challenges in winning back customer trust.
- Leighton is optimistic about Asda's ability to improve and regain customers' trust.
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business 2025-04-14 00:00
Asda braces for leadership shake-up as tech chief departs - Project Future, aiming to create separate tech systems for Asda, has faced multiple setbacks and is projected for completion in 2025.
- Carl Dawson and Rob Barnes, who joined from Marks & Spencer in April 2021, are leaving Asda as part of a leadership restructure.
- Asda's management confirmed that these changes are aligned with the nearing conclusion of Project Future, shifting focus to everyday operations.
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technology 2025-04-03 16:01
Asda trials facial recognition technology amid surge in retail crime - Asda is conducting a two-month facial recognition trial in five stores in Greater Manchester.
- The trial aims to reduce rising retail crime, with significant increases in assaults against staff.
- If successful, the technology could be implemented nationally, igniting privacy debates.
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business 2025-04-01 14:35
Asda's sales plunge as competitive pressures mount from Tesco and Aldi - Sales at Asda decreased by 5.6 percent during the 12 weeks to March 23, highlighting a concerning downward trend.
- Asda's market share fell to 12.5 percent as it lost ground to competitors like Tesco, Aldi, and Lidl.
- The supermarket is implementing significant investments aimed at reversing sales declines and competing more effectively.
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business 2025-04-01 00:00
Asda IT upgrade costs soar past £1 billion amidst challenges - Asda's IT upgrade project, known as Project Future, is experiencing significant cost overruns, accumulating nearly £1 billion since its launch in 2021.
- The supermarket plans to inject an additional £175 million into the project for critical IT system separations from Walmart.
- The ongoing financial strain is impacting Asda's operational performance and leading to layoffs within the IT division.
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business 2025-03-27 16:00
Asda aims to break from tradition by abandoning 9-ending prices - Allan Leighton proposes abandoning 9-ending prices at Asda to differentiate the store.
- This strategy aims to attract consumers looking for straightforward pricing.
- The reception of this pricing model will determine its success in the competitive market.
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business 2025-03-26 12:00
Morrisons struggles with sales growth after cyber attack - A ransomware attack on Blue Yonder, Morrisons' supply chain software provider, disrupted product availability.
- Morrisons reported a significant decrease in like-for-like sales growth to 2.1% for the three months ending January 26, 2024.
- The attack has intensified competition as rivals exploit Morrisons' vulnerable position.
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business 2025-03-21 12:00
Asda prepares for its biggest price cuts in 25 years - Allan Leighton, the former chief executive of Asda, is executing a major turnaround strategy focused on price reductions.
- Asda's competition with Tesco and Sainsbury's has intensified, prompting a need for significant changes.
- Consumers may benefit from the price war, but the success of Asda's strategy faces challenges from well-entrenched rivals.
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business 2025-03-14 14:00
Allan Leighton admits asda's recovery won't be quick - The new chairman of Asda, Allan Leighton, indicated a long-term transformation approach to address falling sales.
- The supermarket’s like-for-like sales decreased by 3.4% in 2024, which he described as disappointing.
- Investment strategies aimed at reviving Asda will materially impact profits in the short term but are deemed essential for long-term recovery.
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business 2025-01-30 13:06
Asda cuts prices to attract more customers amid declining sales - Asda has brought back its Rollback pricing scheme, slashing prices on over 4,000 products by an average of 25%.
- The supermarket experienced a 5.8% drop in sales during the 12 weeks leading up to December 29.
- This strategic move aims to restore customer trust and position Asda as the cheapest traditional supermarket.
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business 2025-01-08 10:18
Asda's sales plummet 5.8%, raising fears for its future in the supermarket race - Asda experienced a 5.8% decline in sales during the 12 weeks leading to December 29.
- This sales drop led to a decrease in market share from 13.5% to 12.5%, as reported by Kantar.
- The company has been struggling with its debt and competition, indicating significant challenges ahead.
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lifestyle 2024-12-12 10:26
Flavoured Irish cream liqueurs are taking over the market - Flavoured Irish cream liqueurs have become highly popular, with a variety of options available from major supermarkets.
- Sophie Harris sampled different liqueurs from Marks & Spencer, Asda, and Aldi, noting their unique taste profiles.
- Consumer preferences indicate a demand for tasty, affordable options, shaping the selection available in stores.
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business 2024-12-11 15:17
Asda set to launch luxury pie for four at just £10 next week - Asda's Exceptional Bone In Beef Pie features premium ingredients including Aberdeen Angus beef and bone marrow.
- The pie will be available in stores starting from December 17, 2024.
- Asda expects to sell 10,000 units of this luxurious pie during the holiday season.
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society 2024-12-05 16:32
Mother outraged after toddler's trolley collapses in Asda - On October 19, 2024, a toddler fell from a collapsed trolley seat at an Asda store in Glasgow.
- The mother, Heather Wilson, reported inadequate support from store staff after the incident.
- Asda acknowledged the issue and promised to check and repair all trolleys to ensure they are safe.
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society 2024-12-04 20:16
Man found dead outside Asda supermarket sparks police investigation - Police officers discovered the body of a man in a tent in a Leicester car park during the afternoon.
- Initial investigations indicate the death does not appear to be suspicious, but it remains unexplained.
- The case may be referred to the Leicester Coroner for further inquiry if no criminal activity is found.
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society 2024-12-02 16:55
Asda tests new vending machines for tobacco products - Asda has introduced a vending machine for tobacco products in its Ashton under Lyne store as part of a trial.
- The machine allows customers to buy items after asking staff for assistance to complete the transaction.
- This initiative aims to reduce theft and could extend to other age-restricted products in the future.
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business 2024-12-02 00:01
Asda’s looming £900 million debt sparks financial stability concerns - Asda may need to refinance its debt due to a repayment obligation to Walmart.
- Fitch has indicated that Asda's capital structure may require a significant overhaul.
- These financial issues cast a shadow over Asda's operational viability, emphasizing the challenges the supermarket chain faces.
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business 2024-11-29 15:35
Allan Leighton returns to Asda amid fierce competition and challenges - Allan Leighton has returned to Asda as executive chairman after 24 years.
- Asda is facing intense competition and financial difficulties.
- The growing trend of reappointing former CEOs highlights the need for rapid solutions in corporate leadership.
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entertainment 2024-11-29 10:23
Aldi challenges Kylie Minogue with wine knockoff - Aldi has launched a new rosé wine called Rosalie, competing against Kylie Minogue's wine brand.
- This product launch aligns with the peak shopping season, aiming to attract budget-conscious consumers.
- The supermarket's strategy raises questions about brand imitation and consumer behavior in the wine industry.
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politics 2024-11-26 00:00
Allan Leighton sets ambitious timeline to revive Asda - Allan Leighton rejoined Asda as executive chairman after a 24-year absence, intending to tackle significant market challenges.
- He emphasized three priorities for revitalization: restoring pricing strategy, improving product availability, and recruiting a new chief executive.
- Leighton projects that the revival process will span three to five years, asserting the need for a comprehensive plan to overcome current difficulties.
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society 2024-10-19 14:07
Asda in Sinfin caught selling expired food, October 2024 - During a July 2021 inspection, 18 food items past their use-by dates were discovered on the shelves of Asda Sinfin in Derby.
- Asda Stores Ltd. was fined £250,000 for multiple food safety violations and failed to demonstrate proper compliance and improvements.
- The incident emphasizes the serious risks associated with food safety lapses, particularly concerning products intended for children.
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society 2024-10-01 09:25
Asda's Busty Baps campaign sparks backlash for poor taste - Asda's Tickled Pink campaign for Breast Cancer Awareness Month features over 200 pink products, including Nestle's Shreddies and Lurpak butter.
- The rebranding of Asda's oak-smoked ham and salad rolls as 'Busty Baps' has faced significant backlash on social media for being in poor taste.
- The controversy highlights the ongoing debate about the appropriateness of humor in health awareness campaigns, with mixed opinions on its effectiveness.
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society 2024-09-28 13:54
Police officer dismissed for misconduct at Asda on day off - PC Brigitta Pal attempted to obtain CCTV footage from Asda after a family member's car accident on July 29.
- She failed to disclose her relationship to the incident while interacting with Asda staff, leading to a misconduct investigation.
- The misconduct hearing concluded with her dismissal for gross misconduct, emphasizing the importance of integrity among police officers.
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business, society 2024-09-07 05:00
The rise and fall of self-service checkouts - Self-service checkouts were designed to streamline the shopping process but have faced criticism for being unwelcoming, especially for older shoppers.
- Retailers have seen a rise in shoplifting incidents, with theft rates at a 20-year high, partly due to the challenges posed by self-checkout systems.
- Experts suggest that the economic advantages of self-service checkouts are limited, leading to a reconsideration of their role in retail.
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business, society 2024-08-23 09:02
Self-Checkout Technology Expands in Retail Landscape - Asda responds to customers' frustration by hiring more checkout staff.
- Self-checkout technology experiencing a decline at Asda and Morrisons.
- Fashion retailers like Zara, Uniqlo, and Primark adopting self-checkout systems.
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business 2024-08-21 12:12
Asda Sales Drop in Market Share - Asda's market share hits a new low as sales drop by 6.4% in three months.
- It is the only one of the big four supermarket chains to experience a decline in sales.
- Financial pressure mounts on Asda's owners as the chain struggles in the market.
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business 2024-08-20 00:00
Asda and Morrisons focus on financial engineering - Asda and Morrisons prioritize financial deals over growth strategies.
- Performance has been impacted as a result of focusing on buyout arithmetic.
- Neither deal was intended to drive growth for the companies.
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business, society 2024-08-19 09:34
Asda's Struggles After Going Private - Once a popular supermarket, Asda has faced significant challenges since going private.
- The change in ownership has led to a dramatic turnaround in Asda's fortunes.
- Asda's struggles highlight the complexities of privatization in the retail sector.
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business 2024-08-17 17:00
Morrisons and Asda struggling with debt - Morrisons and Asda supermarkets are facing challenges after debt-fuelled takeovers.
- Both companies are experiencing a staff exodus, impacting their operations.
- The financial struggles of Morrisons and Asda highlight concerns about their future sustainability.
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business 2024-08-16 11:43
Fuel Prices Decrease at Major Supermarkets - Petrol prices have dropped at Tesco, Morrisons, and Asda.
- While prices are lower than the record high, they remain historically high for consumers.
- AA warns that the current prices are draining consumers financially.
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business, lifestyle 2024-08-15 10:23
Asda's £40 Jacket Looks Like £220 Calvin Klein One - Asda's £40 fleece jacket is strikingly similar to a £220 Calvin Klein jacket.
- The budget-friendly jacket has become popular among shoppers for its designer look.
- Shoppers can now enjoy a stylish look without breaking the bank.
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2023 All rights reserved
2023 All rights reserved