LONDON — Britain’s Asda says it had a successful Christmas thanks to its “focus on gimmick-free, simply every day low price transparency,” as its rivals rushed to offer special deals, resulting in “record footfall” for the retailer. The hypermarket chain, locked in a battle with Sainsbury’s for the number-two spot among British grocers, isn’t due to report results for the quarter until February. Grocery chains in Britain typically cope in adversity by focusing on essentials, but growth has eluded them as wage rises fail to keep pace with inflation, says Reuters.
Good Christmas for “gimmick-free” Asda
Most Recent
Most Read
GMS acquires Florida distributor
Fri, August 30th, 2024
Loblaw pilots sitting cashiers
Fri, August 30th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, August 30th, 2024
Home Hardware dealer garners NHPA's Young Retailer Award
Thu, August 29th, 2024
GMS posts Q1 results
Thu, August 29th, 2024
NHPA conference presents strategies for weathering bad times
Thu, August 29th, 2024
More Canadians say they’re bagging their own groceries
Thu, August 29th, 2024
RONA Foundation launches campaign
Thu, August 29th, 2024
Throwback Thursday: 10 years ago, Orgill show in Chicago reflected hardlines "turbulence" in Canada
Thu, August 29th, 2024
Tando Composites names Reese Wholesale as flagship dealer
Wed, August 28th, 2024