
Asda Q2 results show best quarterly performance since Q1 2024
Total revenue is down by 0.2% year-on-year, but the supermarket reported that investment in lower prices has strengthened like-for-like sales during the quarter.
Total revenue is down by 0.2% year-on-year, but the supermarket reported that investment in lower prices has strengthened like-for-like sales during the quarter.
UK retailer Lidl has started construction on a new warehouse in Leeds, which it said would create 400 new roles.
According to Asda’s latest income tracker, middle-income families have experienced the first decline in disposable income since September 2023.
Marks & Spencer has unveiled a £340 million investment in an automated National Distribution Centre, with the aim of doubling the size of the M&S Food business.
Over the four weeks to 2nd August 2025, food sales increased by 3.9% on the year, according to data from the British Retail Consortium.
The Bank of England reduced the UK base rate to 4%, while stating in its Monetary Policy Report that the 2025 inflation increase was a result of higher food and energy prices.