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  • Over £170,000 worth of funds given to four social enterprises
  • £700,000 given to local projects across Scotland since charge introduction
  • 90% less bags handed out by Asda stores

With Christmas round the corner, Asda has distributed £172,000 worth of funding to the latest recipients of the Asda Community Capital scheme. The latest giveaway has seen loans and grants totalling nearly £700,000 to more than 160 local charities and community projects across Scotland. Overall, Asda has seen plastic bag usage drop by 90% since the charge was brought in.

Community loans and grants, distributed by Social Investment Scotland and Foundation Scotland, have helped to fund projects ranging from parent and child healthy cooking programmes to IT training programmes for young people, and even developing therapeutic gardens for dementia sufferers.

Half of the bag charge proceeds have been distributed to Foundation Scotland to provide grants of up to £2,000 to nominated projects and good causes in local communities around Asda stores.

Social Investment Scotland has used the other half of the proceeds to provide loans between £10,000 and £50,000 to social enterprises who otherwise would find it difficult to get access to funding. The most recent organisations to benefit from this investment include the Leith Theatre Trust, the Bay Tree Community Café, Highland Perthshire Media and Venture Mor Ltd.

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Posted in Press Centre on 21 December 2015
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UK families likely to spend less this Christmas as Asda’s Income Tracker reveals they actually have £17 a week more in their pockets than last year

  • The average UK household had £193 of discretionary income in October, up by £17 a week in October compared to 2014
  • Price of vehicle fuels dropped by 14%, giving families more to smile about ahead of the great Christmas getaway
  • The cost of electricity and gas fell by 4.1%, easing the pressure as the mercury drops
  • Yet research shows that even with deeper pockets, over one in five (21%) customers is planning on spending less this Christmas

Christmas is just around the corner, and Asda’s latest income tracker shows that British families have more money in their pockets to celebrate the festive season.

Households across the nation have been enjoying a boost to their coffers with an extra £17 a week of discretionary income in their pockets, a rise of 9.6% compared to this time last year . However, customer confidence still remains cautious ahead of the Christmas period.

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Posted in Press Centre on 02 December 2015
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Unleaded prices fall below £1 per litre.

  • Drivers filling up at any of Asda’s 273 filling stations across the country will only pay 99.7ppl on unleaded and 103.7 ppl on diesel across the weekend
  • 4ppl price cut takes unleaded below £1 – the first time since summer 2009
  • Announcement follows Asda’s commitment to invest £26m in savings throughout the festive period

Following the news that the Chancellor held off a price increase on fuel duty, Asda has today (Friday 27th November) announced that it will give its customers a seasonal boost on top of the freeze by investing in an exclusive three-day price drop, knocking 4 pence per litre off fuel, meaning unleaded prices drop below the £1 mark to 99.7 pence per litre.

Asda President & CEO Andy Clarke had urged the Chancellor to continue with the freeze in the March Budget following feedback from Asda Mums that an increase would put pressure on household finances. So the confirmation this week that a freeze would remain in place was welcome news.

In the latest Mumdex report, Asda mums have made it clear what the Government needs to focus on by issuing a call to action to the Chancellor ahead of the Autumn Statement to prioritise several key areas including, imposing a limit on energy and utility prices and increasing the personal tax allowance, along with a continued freeze on fuel duty.

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Posted in Press Centre on 27 November 2015
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Asda today reported its third quarter trading figures for 2015, posting a 4.5% fall in like-for-like sales for the 13 weeks to 30th September.

Speaking in London today, Asda President and CEO Andy Clarke said:

“There’s no doubt this represents another challenging quarter. Sales volumes remain under pressure from price deflation and the intensely competitive background remains throughout the food sector. Having said that, we have the financial strength and clear plan to sustain us through this period, while we take appropriate and considered action to further strengthen our competitive position.

“Last month I launched Project Renewal, an 18-month programme designed to work parts of my five year strategy harder to return us to long term, sustainable volume growth. Increasing our focus on the core business means strengthening some areas while pausing activity in others which will allow us to sharpen our customer offer and continue to improve operational efficiency.

“I’m confident that by reinforcing our offer we can further extend our price advantage over major competitors and close the gap against the limited assortment discounters – not only on price, but across range, service and quality.”

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Posted in Press Centre on 17 November 2015
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  • Missguided becomes first retailer to sign up to Asda ‘ToYou’ parcel innovation
  • Launch sets target of 40m more customer visits every year by 2019
  • George.com now has 9pm cut off for next day collection and more accurate minute by minute parcel tracking

ToYou

Asda is today (Thursday 11th November) launching a ‘game changing’ parcel innovation which will see customers able to collect and return orders placed with third parties at any one of Asda’s 614 stores nationwide. As part of today’s launch Asda is also revealing that leading online fashion retailer Missguided is the first partner to sign up to the new service.

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Posted in Press Centre on 12 November 2015