Asda’s owners have shared a substantial financial payout despite ongoing market difficulties.TDR Capital, Asda’s majority owner, distributed £43.9 million among its partners, marking an increase from…
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TDR Capital, Asda’s private equity owner, received a £44 million payout despite Asda’s ongoing struggles.Newly filed records show TDR’s partners shared a significant profit pot, marking…
November’s inflation increase impacts Christmas budgets, even with higher disposable income than last year.Inflation rose for the second month, climbing to 2.6% in November.Household disposable income…
UK shoppers are increasingly opting for premium products this Christmas, with premium own-label spending nearing 7%.Sainsbury’s reports robust sales in their premium range, particularly in festive…
Search interests for holiday favorites are surging at Asda, signaling a busy festive season ahead for the supermarket.On December 19, searches for ‘whole turkey’ on Asda’s…
This launches two innovative plant-based chicken products for Veganuary, reflecting a growing trend for meat alternatives.The ‘Isn’t Chicken Kyiv’ features a soya and fava protein base…
Asda is offering shoppers an affordable way to prepare for Christmas by reducing the prices of essential festive vegetables to 15p.From December 19 to December 24,…
In a bid to ease holiday expenses, Asda introduces significant price cuts on festive vegetables starting December 19.Selected vegetables, including carrots, sprouts, broccoli, parsnips, and potatoes,…
Asda was the only leading UK supermarket to experience a sales drop ahead of the Christmas season. Insights from NIQ reveal a decrease in Asda’s market…
Asda introduces a trial of electronic shelf-edge labels at Manchester Express store, aiming to boost efficiency.The 12-week trial sees 3,000 ESLs implemented to enhance operational processes.ESLs…