Asda’s sales slump has deepened as the supermarket continues to lose ground to discount rivals despite efforts to overhaul stores and cut prices.
Asda’s sales slump has deepened as the supermarket continues to lose ground to discount rivals despite efforts to overhaul stores and cut prices.
The latest industry report shows Lidl is on the brink of overtaking Morrisons to become the UK’s fifth-largest supermarket, after posting sales growth well ahead of its rivals this summer
Dozens of Morrisons Stores Fail Hygiene Inspections
Asda’s owners have approved a payout of £44 million even though the company has reported an “embarrassing” performance. This decision highlights the owners’ commitment to rewarding shareholders despite the supermarket
Asda chairman Lord Rose has taken control of the struggling supermarket following Mohsin Issa’s formal departure as chief executive.
Asda has become the UK’s most expensive supermarket for fuel, according to new analysis.
The Issa brothers, known for their billionaire status, have turned off over a hundred electric car charging stations at Asda locations, disappointing customers who usually charge their cars while shopping.
Shell’s earnings fell by nearly a third as the company adapted to reduced oil and gas prices.
In January, food price inflation in the UK dipped marginally to 6.8%, a slight decrease from December 2023’s 6.9%, as reported by Kantar. This reduction is modest compared to the
Recent data indicates that Shell’s fuel stations in the UK are among the priciest, with the company’s UK outlets averaging 142.6p per litre for petrol and 151.2p per litre for
Asda has emerged as the pioneering supermarket to disclose its local fuel prices online, following indications from regulators that companies were amplifying their profit margins at the pump, a practice
After signs that food inflation has passed its peak in January, shoppers are now facing the largest increase in grocery bills ever recorded.