Showing 1 to 10 of 10 results
Asda Sales Dip Amidst Rising Business Taxes and Weak Consumer Confidence
Asda's sales fell 0.2% to £5.3bn in the three months to June 30th, despite price cuts averaging 22% on more than half its products, driven by increased business taxes and weak consumer confidence; the supermarket chain plans to invest significantly to counter this.
Asda Sales Dip Amidst Rising Business Taxes and Weak Consumer Confidence
Asda's sales fell 0.2% to £5.3bn in the three months to June 30th, despite price cuts averaging 22% on more than half its products, driven by increased business taxes and weak consumer confidence; the supermarket chain plans to invest significantly to counter this.
Progress
44% Bias Score
Asda Fined £640,000 for Selling Out-of-Date Food
Asda was fined £640,000 plus costs for selling 115 out-of-date food items at two Cardiff stores in 2024 after trading standards officers found items up to two weeks past their expiration dates during routine and complaint-driven inspections; Asda implemented a new daily checking system for short-lif...
Asda Fined £640,000 for Selling Out-of-Date Food
Asda was fined £640,000 plus costs for selling 115 out-of-date food items at two Cardiff stores in 2024 after trading standards officers found items up to two weeks past their expiration dates during routine and complaint-driven inspections; Asda implemented a new daily checking system for short-lif...
Progress
44% Bias Score
Asda Launches Aggressive Price War, Sparking Market Volatility
Asda, facing declining market share after a 2021 takeover, launched a price war yesterday, cutting prices on 1,500 items by up to 45 percent to regain customers, despite concerns about profitability and operational issues.
Asda Launches Aggressive Price War, Sparking Market Volatility
Asda, facing declining market share after a 2021 takeover, launched a price war yesterday, cutting prices on 1,500 items by up to 45 percent to regain customers, despite concerns about profitability and operational issues.
Progress
44% Bias Score
Asda's Price War Triggers £3.5bn Market Value Drop for UK Supermarkets
Asda's new price-cutting strategy caused a £3.5bn drop in the value of Tesco, Sainsbury's, and Marks & Spencer shares, highlighting the intensifying grocery price war and uncertainty about Asda's ability to sustain its investment.
Asda's Price War Triggers £3.5bn Market Value Drop for UK Supermarkets
Asda's new price-cutting strategy caused a £3.5bn drop in the value of Tesco, Sainsbury's, and Marks & Spencer shares, highlighting the intensifying grocery price war and uncertainty about Asda's ability to sustain its investment.
Progress
40% Bias Score
Asda's Sales Dip Spurs Price War Investment
Asda, Britain's third-largest supermarket, reported a nearly 1% drop in sales to £21.7bn in 2024, prompting a price-cutting strategy to regain market share lost to competitors like Tesco, Aldi, and Lidl; the company plans to invest significantly, accepting lower short-term profits to achieve long-te...
Asda's Sales Dip Spurs Price War Investment
Asda, Britain's third-largest supermarket, reported a nearly 1% drop in sales to £21.7bn in 2024, prompting a price-cutting strategy to regain market share lost to competitors like Tesco, Aldi, and Lidl; the company plans to invest significantly, accepting lower short-term profits to achieve long-te...
Progress
32% Bias Score
Asda Sales Dip Slows Amidst IT Issues and Inflation
Asda's sales fell 0.2 percent in the three months to June 30, a slowdown from the first quarter's 5.9 percent drop, due to temporary stock issues from a £1 billion IT transformation and rising food inflation; the chairman expects further difficulties.
Asda Sales Dip Slows Amidst IT Issues and Inflation
Asda's sales fell 0.2 percent in the three months to June 30, a slowdown from the first quarter's 5.9 percent drop, due to temporary stock issues from a £1 billion IT transformation and rising food inflation; the chairman expects further difficulties.
Progress
40% Bias Score
Asda Recalls Pork Belly Slices Due to Undeclared Allergens
Asda has recalled its Simple To Cook Asian Inspired Pork Belly Slices with a use-by date of April 25 due to undeclared milk and sulphites in the product, posing a potential health risk to consumers with allergies; customers can return the product for a full refund.
Asda Recalls Pork Belly Slices Due to Undeclared Allergens
Asda has recalled its Simple To Cook Asian Inspired Pork Belly Slices with a use-by date of April 25 due to undeclared milk and sulphites in the product, posing a potential health risk to consumers with allergies; customers can return the product for a full refund.
Progress
36% Bias Score
Asda's Price War Costs Rivals £3.9 Billion
Asda, facing declining sales, slashed prices on 1,500 products, adding to nearly 10,000 price cuts since January, triggering a price war that cost competitors £3.9 billion in market value; however, challenges remain in improving operational efficiency to attract more customers.
Asda's Price War Costs Rivals £3.9 Billion
Asda, facing declining sales, slashed prices on 1,500 products, adding to nearly 10,000 price cuts since January, triggering a price war that cost competitors £3.9 billion in market value; however, challenges remain in improving operational efficiency to attract more customers.
Progress
40% Bias Score
Asda's Sales Fall, Profit Warning Issued Amidst Turnaround Efforts
Asda, a UK supermarket chain, reported a 0.8 percent sales decline to £21.7 billion in 2024, with lower profits expected this year, impacting rivals' shares and highlighting challenges following its 2020 takeover by the Issa brothers and TDR Capital.
Asda's Sales Fall, Profit Warning Issued Amidst Turnaround Efforts
Asda, a UK supermarket chain, reported a 0.8 percent sales decline to £21.7 billion in 2024, with lower profits expected this year, impacting rivals' shares and highlighting challenges following its 2020 takeover by the Issa brothers and TDR Capital.
Progress
48% Bias Score
Asda Faces Potential £1.2 Billion Payout in Equal Pay Case
Tens of thousands of Asda store workers are closer to a £1.2 billion payout after an employment tribunal ruled their jobs are of equal value to higher-paid warehouse positions, predominantly held by men, between August 2008 and June 2014.
Asda Faces Potential £1.2 Billion Payout in Equal Pay Case
Tens of thousands of Asda store workers are closer to a £1.2 billion payout after an employment tribunal ruled their jobs are of equal value to higher-paid warehouse positions, predominantly held by men, between August 2008 and June 2014.
Progress
40% Bias Score
Showing 1 to 10 of 10 results