All Asda articles – Page 5
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NewsAsda has bolstered its senior leadership team following cost-cutting shakeup
Asda has announced a raft of new senior leadership team appointments, days after chair Allan Leighton made swingeing changes as part of a cost-cutting drive.
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NewsKingfisher has hired Asda analytics tsar as new chief data officer
B&Q and Screwfix owner Kingfisher has hired Asda’s vice-president data and analytics as its new chief data officer.
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NewsAsda chair Leighton has launched cost-cutting with management shake-up
Allan Leighton has initiated his first major restructuring since returning to Asda, eliminating several regional manager positions as part of a shake-up aimed at improving performance.
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Opinion‘There was no Christmas cheer at Asda, but don’t rule out a happier new year’
Asda, grocery’s leftover sprout at Christmas, will be one of the stories of the year as it battles to turn around performance under new chair Allan Leighton, says George MacDonald
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NewsTesco, Sainsbury’s and Lidl post strong growth in Christmas trading
Average household spending on groceries hit a record high of £460 during Christmas trading according to the latest grocery sales figures from Kantar.
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NewsAsda and Morrisons kick off new year with price cuts on hundreds of products
Supermarket giants Asda and Morrisons have both kicked off the new year by rolling out price cuts across thousands of products.
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Innovation of the WeekAsda is trialling electronic shelf edge labels in a convenience store
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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AnalysisAsda chief executive rumour mill: Who does retail think is in the running for the top job?
Asda chair Allan Leighton already knows what’s top of his to-do list for 2025 – hire a new chief executive. Retail Week has pulled together a very unofficial list of the most-speculated names being banded around by the sector during industry cocktail parties and inside WhatsApp group chats.
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NewsAsda stares down refinancing challenge ahead of Walmart repayment
Asda is staring down at what may be a potentially complex financial restructuring ahead of steep payment owed to its former owner.
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Opinion‘Allan Leighton has turned Asda around once, but can he do it again?’
Since being appointed as executive chair of Asda a few days ago, Allan Leighton has been making all the right noises, believes George MacDonald
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Retail Navigator AnalysisAsda (Strategy)
Asda’s former boss Allan Leighton will return to the business as executive chair. Leighton replaces current chair Lord Stuart Rose. Asda said Rose will remain on the board “to ensure an orderly transition before stepping down”.
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NewsFormer boss Allan Leighton returns to Asda as executive chair
Allan Leighton, who was chief executive of Asda from 1996 to 2000, is set to return to the grocer as the executive chair as the supermarket struggles with a sales slump.
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NewsAmazon has partnered with Asda to launch parcel pickup and returns at supermarkets
Amazon and Asda have teamed up to launch parcel pickup and label-free, box-free returns at over 700 of the supermarket’s stores across the UK.
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AnalysisAre job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From “disappointing” to “clobbered”, the retail backlash to last month’s Budget has only grown with every passing day. The next question is what the sector will do in response?
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NewsSupermarket sales hit 2024 highs as inflation creeps up ahead of Christmas
Take-home sales at the grocers hit their highest point of the year, even as inflation began to inch up in the run-up to the all-important Christmas period.
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Retail Navigator AnalysisAsda (Financials)
Total revenue including fuel edged up 0.7% to £24,630.8m at Asda Stores in the year to 31 December 2023 (FY2023), up from £24,461.7m the previous year. An overall decline in fuel sales was offset by growth in retail sales, with retail sales excluding fuel increasing 5.8% to £21,616 in FY2023, compared to £20,436 the year before.
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NewsAsda appoints new interim ecommerce boss bringing over two decades of expertise
Asda has today announced the interim appointment of Barney Burgess as vice president of online, as it waits for David Devany to join the business later in 2025.
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NewsAsda is expected to make more job cuts following fresh round of redundancies
Asda is considering more job cuts after making nearly 500 staff redundant last week.
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NewsLord Rose: ‘Business has been clobbered’ by the Budget and Trump election will stimulate growth
The defacto interim chief executive of supermarket giant Asda Lord Stuart Rose has joined the chorus of senior retailers slamming the recent Budget as “unhelpful” while being cautiously optimistic about Trump’s election win stimulating economic growth.
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NewsAsda to axe jobs as it forces staff back to the office three days a week
Asda has confirmed it will be slashing jobs and making changes to its hybrid working model in a bid to reverse its decline.