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…
Browsing: market share
Morrisons recently announced a major debt reduction, cutting it by almost 40%, part of a larger operational overhaul. This aggressive strategy raises questions about whether these…
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…
Tesco reaches its highest market share since 2017, hitting 28.1%.Supermarket sales projected to exceed £13bn during the festive season.Sainsbury’s market share increased, now holding 15.9%.Online supermarket…
December marks a significant milestone for UK supermarkets as sales are projected to surpass £13bn, driven by Christmas demand.Sales growth is supported by a 2.5% increase…
Asda reinstates former CEO Allan Leighton as executive chair in a strategic move to address ongoing struggles and revive the brand.Leighton previously led Asda from near…
Asda and Amazon have teamed up to offer a new, simplified parcel collection and return system at over 700 stores.This initiative includes a label-free and box-free…
Recent data highlights Asda’s performance lagging behind other supermarkets as UK grocery sales experience a slowdown before the festive season.For the four weeks ending November 2,…
UK grocery sales growth has decelerated recently, with Asda notably lagging behind its competition.General merchandise sales have decreased in both value and volume.Ocado and Lidl have…
In a significant shift in the grocery sector, M&S has overtaken Waitrose to become the leading grocer for Middle England, marking a pivotal moment outside of…