The pound is close to a low for the day against the dollar, trading further below $1.35. The US currency, having weakened ...

Asda is pressuring suppliers including Heinz, Nestlé and General Mills to lower prices as it battles to win back customers.

Asda’s positioning as the nation’s “everyday low price” supermarket appears to be paying off as it scores its second consecutive record market share in the latest TNS World Panel Grocery rankings..

More than half a million new customers flocked to the Lidl's 960 stores amid concerns over higher grocery bills. It is now ...

A decade ago, three supermarkets reigned supreme in Britain. Tesco, Sainsbury's and Asda had more than half of the market share. In 2024, Tesco and Sainsbury's have held firm but the rest of the ...

Waitrose’s market share rose by 0.1 per cent to 4.5 per cent, while sales reached just over £5bn. up from £1.44bn. Iceland’s share of the market was steady. Sales rose to £783m from £752m.

British grocery price inflation rose to 5.2% for the four weeks to July 13, its highest level since January last year, according to data from market researcher Worldpanel by Numerator, adding to ...

The crisis at Asda deepened yesterday as figures showed its slice of the grocery market has crashed to the lowest level on record. Data from industry research group Kantar showed the private ...

Asda is backing its price proposition to win share back from its rivals in its first campaign with new creative agency Lucky Generals.

Asda, the British supermarket group which is 10% owned by U.S. giant Walmart, said on Friday it returned to a pretax profit in its 2023 financial year, even though it lost market share to rivals ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asda’s market share has fallen to its lowest level for 18 months, according to the latest industry ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The budget end of the food market proved a sweet place to be for Asda as the Wal-Mart-owned supermarket ...