Asda

Britain's Asda Warns On Profit As It Invests In Turnaround

Asda has warned that required investment in lowering prices and improving product availability and ranges will 'materially reduce' profit this year.

Asda Appoints Gavin Chappell As VP Of Food And GM Supply

Asda has named Gavin Chappell as the vice president of its food and general merchandise supply unit, effective April 2025.

UK Grocery Inflation Steady At 3.3% In February 2025: Kantar

Grocery price inflation in the UK remained steady on a year-on-year basis at 3.3% in February 2025, helped by promotional campaigns by retailers, according...

Morrisons Boosts Senior Leadership With Hires From Lidl, Asda, Carrefour

Morrisons has consolidated its senior leadership team with three new hires from Lidl, Asda and Carrefour.

ESM's Retail Recap: Ontex; Maxima Latvija; Unilever; Asda

Ontex to sell Turkish subsidiary to Dilek Grup; Maxima Latvija cuts prices of almost 1,000 products; Unilever invests in fragrance development and Asda tes...

Premium

Morrisons To See Stronger Growth Unless Asda Resolves Operational Problems: Moody’s

UK grocer Morrisons will outpace Asda in revenue and earnings growth until the latter resolves its operational problems, ratings agency Moody's said.

Iceland Foods Appoints Kristian Barrett As Chief Operating Officer

Frozen food retailer Iceland Foods has appointed Kristian Barrett as its new chief operating officer.

UK Grocery Sales Rise As Inflation Eases: Kantar

Take-home grocery sales in the UK increased by 4.3% year on year in the four weeks to 26 January as inflation slowed to 3.3%, according to the latest data...