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Supermarket chain’s sales drop 1% to £21.7bn despite food price inflation of 3% for most of 2024Business live – latest updatesAsda is to invest “a pretty significant war chest” in cutting prices and putting more staff on the shop floor as the supermark…
Almost a third of online deliveries from grocers such as Tesco and Aldi included a swapped item, says Which?Sanitary towels substituted for sandwich wraps, fish steaks in the place of lemon cupcakes and beef dog treats instead of steak.These are just s…
Labels required on some items from October on back of updated post-Brexit deal seen in AsdaThe first “not for EU” labels have appeared on food products sold in Northern Ireland, in a sign for consumers of the changes resulting from the Windsor framewor…
Other retailers say they are working with government on implementing industry-wide comparison service Asda has begun publishing local fuel prices at its forecourts online, becoming the first retailer to launch the service following pressure from the co…
Competition regulator tells business committee of ‘significant change’ in retailer’s fuel pricingAsda’s profit margins on fuel have tripled since before the pandemic, according to the competition regulator at a bad-tempered parliamentary hearing where …
David Potts was one of several chief executives of major grocers being quizzed by MPs over accusations of profiteeringThe boss of Morrisons has admitted that supermarkets have increased profits at the petrol pumps as he was quizzed by MPs alongside ex…
Concerns raised over £770m of new loans and £450m in new funds from Issa brothers and TDR CapitalAsda is poised to acquire 350 petrol forecourts and 1,000 takeaways in the UK and Ireland from its sister business EG Group, in a deal worth £2.27bn, helpi…
Deal would help Asda move into convenience retailing and cut costs at merged entity by about £100m, as well as reduce EG’s debtsAsda is finalising a deal to buy its sister business EG Group’s UK and Irish petrol forecourts in a deal worth £3bn, allowin…
Supermarket is consulting about removing a 60p an hour supplement at 39 stores outside M25 despite the cost of living crisisAsda is planning to cut pay for about 7,000 workers in stores close to London by about 5% despite the surge in the cost of livin…
Own-label items available less than 1% of the time at Sainsbury’s Local, Tesco Express and Morrisons Daily, finds consumer groupLow-income families are missing out on the chance to pick up supermarkets’ lowest-priced essentials as fewer than 1% of the …