- 3,600 essentials rolled back in price by 13% on average
- Customer Checklist launched as Shoppers rage against the ‘price gimmick’ machines
Today (Tuesday, 5th January, 2010), Asda announced it was beginning its biggest price rollback for a decade, and declared it was upping the ante in its campaign to rid the industry of phoney price claims, publishing a three point customer checklist for 2010.
Throughout January the price of 3,600 essential products and cupboard staples including potatoes, carrots, grapes, bananas, milk, nappies, rice, bread, cheese and yoghurt, will be crushed in price, saving customers millions of pounds off their weekly shop. The reductions are long-term cuts, with the vast majority lasting a minimum of six to 12 weeks. The average price of the product will be rolled back by 13%.
While the price cuts are deep, it’s the breadth of cuts that make this the biggest at Asda for more than ten years, with one-in-five products across the store rolled back in price. As a result every Asda customer is set to benefit, no matter what their budget, or what they need to buy each week.
Asda’s latest comprehensive set of rollbacks follows extensive research by the retailer to establish what their customers’ biggest concerns were going into 2010, and the products they’d most like to see reduced in price. The response was so diverse it led Asda to aggressively roll back the widest range of products for a decade.
Customers also said they were looking for more “permanent” price cuts, not “short-term promos”, and on the things they actually “want to buy each and every week”, rather than “phoney half price deals” or “bogus BOGOFs”.
more
Posted by
Asda press team
on
05 January 2010, 07:00