Sales are falling, but more slowly, and market share is flat. This will be a relief to ASDA, but it still needs to establish the targeted
Read MoreASDA is trying to bind a proportion of its customers through its loyalty scheme and is offering targeted discounts to
Read MoreAldi's investment in its stores is a response to investment programs by the rest of the industry. Aldi/Lidl are already cheaper, but run on fewer
Read MoreLosing the cheapest supermarket tag to Tesco may be a blip, but it highlights the difficulty of trying to target being 5% to 10% cheaper than
Read MoreThe mistakes in pay packets were initially revealed in March 2024. The sums involved are small, so ASDA is being magnanimous in settling
Read MoreASDA outsourcing deliveries of George (its clothing brand) is an indication of how deep the Leighton restructuring plans are
Read MoreAfter the negative impact of the IT updates to logistics, ASDA needs to make sure that the changes to its distribution management teams do
Read MoreASDA’s poor Christmas performance was trailed by Management at the Q3 results. The introduction of the new IT system caused
Read MoreManagement had already warned the market that Q4 food revenue would be lower than Q3. They also warned that margin would be
Read MoreThe market share numbers are ugly, but are baked into expectations. The job of getting customers back onside is going to take longer
Read MoreS&P’s downgrade comes soon after Fitch and cites the same reason: the availability issues in Q3 caused by disruption post the
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With over £1bn of available liquidity (post the November £560m sale and lease back transaction), ASDA has sufficient cash to cope with the
Read MoreFitch’s downgrade of ASDA reflects the agency’s belief that the turnaround at ASDA will take three years, with volumes and profitability only
Read MoreThe impact of the deal will be to layer the SSNs and SUNs with another £568m of debt. The use of the cash will be to support the turnaround of
Read MoreTesco is responding to ASDA’s price drops to protect its market share. The 5% - 10% gap on average baskets is expected to take three years to
Read MoreThe price cuts were always part of a long-term strategy, so the latest price cuts at ASDA may be a reflection of the overall strategy leading up to
Read MoreAround 4,500 of the 30,000 SKUs in a large ASDA store are now being discounted. ASDA is trying to get suppliers to bear some
Read MoreASDA has completed the separation of its IT systems from Walmart, so losing the head of IT after only 15 months in the job is not as
Read MoreMore new senior managers for ASDA. Charlotte Rhodes has the CV to head the “own brand” division. Allan Leighton is introducing
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