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Families now have £16 more in their pockets as spending power takes another leap.

With £16 more in their pockets each week to spend on the things they want, rather than the items that they need, families are better off today than they have been for over five years according to Asda’s latest monthly Income Tracker. Brits had £185 per week to spend on small luxuries like cinema tickets and eating out to help beat the January blues – almost 10% more than they had this time last year.

The cost of filling up the tank and stocking up on groceries fell year-on-year by 16.2% and 2.5% respectively in January and led to the lowest levels of consumer price inflation seen since the 1960s. Essential item inflation went into negative territory, or “deflation”, for the first time in six years, falling -0.1%, meaning that today £1 now buys you more than it did this time last year.

Household energy prices also fell in January, dropping by 2% compared to a year ago, as energy firms followed in the footsteps of petrol stations and started passing on the benefits of falling oil prices to customers – a trend that is set to continue.

Find out more and read the full report.
Posted in Press Centre on 26 February 2015
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Petrol stations will help Asda expand into London and the South East and drive online growth

  • Significant step forward in the strategic ambition to lead online and expand into London and the South East.
  • Brings more value to more people through price, quality, range and service, with access to the full range with Click and Collect*
  • It marks the latest move towards opening 100 standalone petrol stations by the end of 2018; and 1,000 Click and Collect sites
  • All 15 petrol stations to be up and running by Asda by Summer 2015

Asda today (Thursday 19th February) announced it has purchased 15 Standalone Petrol Stations (PFS) from Rontec Ltd in the retailers latest move towards its aim to opening 100 standalone petrol stations by the end of 2018; and a further 1,000 Click and Collect sites.

The acquisition of the 15 new sites increases access to Asda and is the latest step in Asda’s five year strategy to redefine value retailing and respond directly to the changing retail landscape. This has already included significant investment in innovation and roles fit for the future as it seeks to deliver the right choice for today’s convenient-focused consumer.

Read more and see the list of new petrol stations.
Posted in Press Centre on 19 February 2015
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Asda today unveiled its fourth quarter and full year financial results for 2014, posting a 1% fall in like-for-like sales for the year to 31st December and a 2.6% fall in the 12 weeks to 4th January, in a quarter when the retail market as a whole slowed significantly.

Speaking at an event in London this morning, President and CEO of Asda, Andy Clarke, warned that while the retail market remained “in one of its most challenging and changeable periods in history”, the Asda business was firmly focused on delivering its long term plan, including a £600m investment plan in expanding and improving the Asda store estate.

At the same time as recognising the challenging market backdrop, the Asda CEO and CFO Alex Russo highlighted the steps taken by the retailer in 2014 to deliver against their five-year strategic plan.

Read more
Posted in Press Centre on 19 February 2015
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  • Asda to expand its scalable ‘fit for the future’ superstore trial to eight more stores to meet the changing needs of today’s customer
  • Announcement follows recent proposition pilots in Coventry and Grantham
  • Changes take their lead from customers and will not follow a ‘one size fits all’ model
  • Remodelling programme will include retail innovations inspired by Walmart
  • Investment forms part of Asda’s five-year strategy to redefine value retailing

Asda has announced it is extending its customer-led superstore trials to eight more stores.

The soon-to-be remodelled superstores follow pilots in Grantham and Coventry where the retailer has created scalable destination stores that reflect today’s changing shopper habits.

The overhauled stores, which feature innovations alongside ideas from parent company Walmart, have been designed to improve the overall shopping experience and bring together the retailer’s online and offline offer seamlessly.

Read more
Posted in Press Centre on 06 February 2015
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  • Asda set to launch range of “Wonky” fruit and veg in-store
  • 65% of shoppers are open to idea of oddly shaped fresh produce*
  • 75% would buy ‘wonky’ if it was cheaper*
  • Wonky initiative inspired by Jamie Oliver & Jimmy Doherty as featured in Channel 4’s ‘Jimmy & Jamie’s Friday Night Feast’

Asda is set to sell ‘wonky’ fruit and vegetables at a discounted price, in a bid to help reduce food waste, whilst supporting farmers and offering shoppers better value for money.

Crooked carrots, knobbly pears and wonky spuds amongst others are, for the first time, to have their own fixture on shelf. Labelled as ‘Beautiful On The Inside’ they will be bagged separately and sold at a reduced rate, as the supermarket hopes to increase customer awareness and educate shoppers on the beauty of buying ‘ugly’.

The bold move takes inspiration from Jamie Oliver and Jimmy Doherty who are tackling food waste in their new Channel 4 series Jamie and Jimmy’s Friday Night Feast, which starts on January 2nd 2015.

Find out more.
Posted in Press Centre on 14 January 2015