
Asda warns inflation is “stubbornly high”
Asda’s Income Tracker has found that 60% of UK households saw a drop in weekly disposable income in August, as rising costs for essentials like food and transport continue to outpace wage growth.
Asda’s Income Tracker has found that 60% of UK households saw a drop in weekly disposable income in August, as rising costs for essentials like food and transport continue to outpace wage growth.
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.
According to Asda’s latest income tracker, middle-income families have experienced the first decline in disposable income since September 2023.
Asda will more than double its electric grocery home shopping fleet, taking its fleet to 194 vehicles.
UK supermarket Asda has updated its trading performance for the first quarter ending 31st March 2025, revealing a decline in like-for-like sales.