Asda blames dip in sales on Brexit

Asda blames dip in sales on Brexit

Aug 16, 2019 | Brexit, News, Retailing

Walmart has published its earnings for the second quarter of 2019 including financial results for  Asda for the period1st April to 30th June 2019. Reporting a straight calendar quarter, which includes a benefit of the later Easter in 2019, the UK supermarket delivered...
Westminster spat drills down on Grocery Code Adjudicator role

Westminster spat drills down on Grocery Code Adjudicator role

May 30, 2019 | News

The failed proposed merger of ASDA and Sainsburys has set the fur flying in Westminster and the role of the Grocery Code Adjudicator (GCA) has been at the centre of the debate according to NFU Scotland President Andrew McCornick. In his latest blog, he states that the...
Asda blames dip in sales on Brexit

Walmart considering listing Asda on the stock market

May 16, 2019 | News, Retailing

Following the blocked merger with Sainsbury’s, Walmart is considering listing Asda on the stock market at some point in the future. Asda is owned by Walmart and its chief executive, Judith McKenna, is said to have told personnel that such listing is being...
Sainsbury’s failed Asda deal cost £46m

Sainsbury’s failed Asda deal cost £46m

May 2, 2019 | News, Retailing

Announcing its preliminary results for the 52 weeks to 9th March 2019, Sainsbury’s revealed that the recent collapse of its proposed merger with Asda cost the business £46 million. The multiple giant was dealt a major blow last week when the Competition and Mergers...