Walmart Offloads £3.8bn Pension Liabilities, Eyes Asda IPO Amid Merger Hurdles
Walmart, the owner of Asda, is reportedly set to offload £3.8 billion worth of pension liabilities in a deal...
Asda
Asda Denies Firing Staff Over New Contract, Investing £80m in Colleagues
Asda denies plans to lay off staff over new contracts, claiming GMB's Gary Carter's comments are untrue. The supermarket...
Slowest Grocery Sales Growth in Two Years: Retailers Struggle Amid Economic Uncertainty
UK grocery sales slowest in September in two years, with supermarkets seeing just +1.7% growth, according to Nielsen data....
UK Supermarkets Face Criticism Over Tea and Fruit Farmers’ Working Conditions
Oxfam accuses major UK supermarkets like Aldi, Sainsbury's, Tesco, and Morrisons of sourcing tea and fruit from farms in...
Asda Reports Sales and Profit Growth Despite Failed Merger with Sainsbury’s
Asda reports increased full-year sales and profits despite failed merger with Sainsbury's, citing growth from targeted price investments, improved...
UK Retail Brands Struggle to Keep Pace with Global Competitors
UK's top retail brands lag behind global counterparts in value growth, report finds; Tesco leads UK list at $9.2bn....
Retailers Failed in Preventing Knife Sales to Under-18s, Trading Standards Warns
In a recent investigation, Trading Standards found that 15% of retailers sold knives to children under 18 during tests...
Supermarket Growth Stagnant Amidst Discount Retailer Boom
In a recent report from Kantar Worldpanel, supermarket growth remained flat for the 12 weeks leading up to August...
Asda Workers Protest ‘Punitive’ Contracts: £9 per Hour Pay Increase, No Breaks, and Bank Holiday Work
Asda workers plan to protest new contracts deemed "punitive" by GMB Union on August 14th in Leeds. The union...
Grocery Sales Decline Despite Summer Weather Boost
Despite warm summer weather and sporting events, total grocery sales dropped by 0.5% in the last four weeks, as...