IPLC's Paul Stainton Explores Private-Label Pricing Strategy
Paul Stainton, UK partner at private-label consultancy IPLC, examines the latest trends in supermarket pricing strategies.
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Paul Stainton, UK partner at private-label consultancy IPLC, examines the latest trends in supermarket pricing strategies.
Supermarket giant Asda said the deal has pushed the majority of its maturities past 2030 and included the biggest sterling high-yield bond this year.
The cost of a 160-box of teabags at Aldi and Sainsbury's has risen over recent weeks, with both retailers putting the price of their cheapest 160 box of bags up to £1.89 earlier this month
Asda's debt pile increased to £3.8n in 2023 from £3.7bn in 2022 after it took over parent company EG Group's UK convenience store business.
Asda profits soared by 24% last year thanks to rising food and clothing sales, and a boost from the six million customers now using its loyalty app.