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Business

ASDA Embarks on Digital Transformation Journey for Smarter Loss Prevention

Founded in the 1960s, Asda is one of Britain’s leading retailers serving over 18 million customers every week. In 1999 Asda joined Walmart, the world’s number one retailer, sharing a commitment to improve the experience in stores and provide great value for customers. Asda uses a number of loss prevention (LP) technologies to protect different...

9 Jul 2020

Fashion

George at Asda launches NHS charity T-shirt

Supermarket Asda has launched an exclusive T-shirt featuring a rainbow-themed slogan design to raise money to support the NHS Charities Together and The Care Workers’ Charity. The T-shirts from George at Asda are a unisex design made from 100 percent cotton that features a bright rainbow slogan urging us all to be ‘Brave, Kind, Strong’ alongside...

27 May 2020

Fashion

In The Style and Asda strengthen partnership with branded lorries

Manchester based fashion e-tailerIn The Styleand supermarket Asda are cementing their relationship with the launch of a dual-branded lorry set to join the supermarket’s current fleet and deliver both food and fashion. Launching this week, the lorry is one of a small number of specially branded lorries within the Asda fleet, an opportunity that...

8 Oct 2019

Retail

Asda trials resale with second-hand clothing pop-up, 'Re-Loved’

Asda has become the latest big retailer to jump into the world of second-hand fashion with the announcement it will be setting up a ‘Re-Loved’ pop-up in its Milton Keynes store. Running for four weeks from 2 September, the pop-up will feature donated second-hand clothes from a number of different brands, and comes as part of a drive by George -...

3 Sep 2019

Business

Asda boss sees possible IPO in two to three years

Asda CEO Roger Burnley has said a possible stock market listing of the company by its US parent Walmart could happen in two to three years. “If I was a betting man, I just think that is the sort of time the process will probably take,” Burnley told Reuters after making the prediction. “I use the phrase specifically that we’re ‘minded’ to an IPO,...

4 Jul 2019

Retail

Walmart International CEO on data privacy, the failed Asda merger and leveling the playing field for women

Amsterdam - With over 11,000 stores, 270 million customers a week and a turnover of half a trillion dollars, Walmart is without a doubt a powerhouse in the world’s retail landscape. Founded in 1962, the company now operates over 11,300 retail units under 58 banners in 27 countries. Judith McKenna, president and CEO at Walmart International, was...

14 May 2019

Business

Sainsbury’s-Asda deal blocked by CMA over pricing concerns

A proposed merger of British supermarket powerhouses Sainsbury’s and Asda has been blocked by the UK’s competitive regulator due to concerns the deal would hike up prices and reduce the quality and range of products available. In its final report published Thursday, the Competition and Markets Authority (CMA) said the long-anticipated merger...

25 Apr 2019

Fashion

George at Asda pledges to only use recycled polyester by 2025

Asda’s fashion and homeware arm, George, has announced that it will move to using only polyester that is sourced from recycled materials by 2025. The products launching in the retailer’s upcoming SS19 range include blouses and dresses made with fabric from recycled polyester clothing, as well as cushions and throws made from recycled plastic...

25 Mar 2019

Business

Sainsbury’s-Asda pledge to cut prices in bid to salvage merger deal

Sainsbury’s and Asda have pledged to make one billion pound price cuts in a bid to win CMA approval for their proposed 12 million pound merger to go ahead. In a statement released on Tuesday, Sainsbury’s and Asda said they would deliver one billion pounds of lower prices annually by the third year following the merger, investing 300 million...

20 Mar 2019

Business

Sainsbury's-Asda merger in doubt amid pricing concerns

The UK’s competitive regulator, the Competition and Markets Authority (CMA), has said that the proposed Sainsbury's-Asda merger would push up prices and reduce competition in the industry, leaving the deal in doubt. In its Phase 2 investigation, the CMA said it found that the proposed deal “could lead to a worse experience for in-store and...

20 Feb 2019

Retail

Asda to offer payment instalments for clothing purchases

Supermarket giant Asda is to offer shoppers an option to pay in instalments for clothing and items purchased on its George.com website. The company is partnering with credit and payments provider JajaPay, and will require customer to apply for approval for a credit facility at the point of sale. Approved customers will be able to defer payments...

19 Nov 2018

Business

UK competition regulator refers Sainsbury Asda merger for phase 2 investigation

The Competition and Markets Authority (CMA) in the United Kingdom confirmed Wednesday that the proposed merger between J Sainsbury plc and Asda Group Ltd. is being referred for an in-depth Phase 2 investigation. CMA noted that the deal raises sufficient concerns through its Phase 1 investigation for it to be referred for a more in-depth review....

19 Sep 2018