Asda

Gov agrees deal with grocers to help with cost of living crisis

The Government has agreed deals with major UK grocers, including Asda and Sainsburys, to help ease the cost of living…

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Supermarket sales see minor rise amid rising inflation

Supermarket sales rose by 0.1% in the 12 weeks to 10 July 2022 despite grocery inflation rising another 1.6%, according…

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Retailers welcome ‘record’ credit surge in Q1

The retail store and online credit sector welcomed its “faster ever” start to the year, as new business volumes reached…

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Asda launches £1 meal charge for children 

Asda has unveiled what it calls its “strongest ever initiative” to help feed children amid the cost of living crisis,…

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Supermarket Income acquires four supermarkets in £82.9 deal

Supermarket Income REIT plc, a real estate investment trust, has announced it has acquired two supermarket sites for a total…

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Asda joins retailers in rejecting online sales tax

Asda has reportedly told the government that introducing an online sales tax (OST) will harm retailers and shoppers that are…

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Inflation drives disposable income to ‘lowest ever level’

Household discretionary income has fallen -17.2% in May to £41.94 a week (equivalent to £167.76 per month), marking another “record”…

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Boots takeover in doubt amid financing struggles

There are reportedly growing concerns that the proposed takeover of Boots could collapse as the ongoing cost-of-living impacts prospective buyers…

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Asda paid £375m interest in takeover deal, accounts show

Asda reportedly paid £375.1m in interest as a result of its £6.8bn takeover deal last year according to recent accounts,…

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New Look appoints new CEO

New Look has announced that Helen Connolly has been appointed as its chief executive officer. Connolly has replaced Nigel Oddy…

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