Asda like-for-like sales increased by 0.5%

Asda like-for-like sales increased by 0.5%

Jun 5, 2018 | News, Retailing

Supermarket Asda has published its annual Statutory Accounts for the financial year to 31st December 2017. The accounts for Asda Group Limited, which includes the financial activities of all Asda stores, distribution centres and online, show that in the last financial...
Asda’s sales increase but profits slip

Asda’s sales increase but profits slip

Feb 21, 2018 | News, Retailing

Asda has reported a 0.5% rise in like-for-like sales, but gross profit margins have dipped, for the fourth quarter ending 31st December. Without disclosing the exact amount of its profit’s decrease, owner Walmart attributed the slip to “on-going price investments”....
Asda’s sales increase but profits slip

Asda vows to reduce plastic in packaging

Feb 7, 2018 | News

Asda has announced plans to reduce the amount of plastic in its packaging by 10% this year and phase out 5p ‘single use’ carrier bags from its shops by the end of 2018. The retailer announced the pledge in a document published on its website, called Plastic Unwrapped...
Asda’s sales increase but profits slip

Roger Burnley appointed Asda president and CEO

Nov 7, 2017 | News, Retailing

Walmart International’s CEO, Dave Cheesewright, has announced that Roger Burnley is set to take on the role of Asda’s president and CEO from 1st January 2018, replacing Sean Clarke. Burnley returned to Asda as chief operating officer and deputy CEO in October 2016,...