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Asda grows underlying earnings by 24% - Vimarsana News

Asda grows underlying earnings by 24%

Supermarket chain Asda has revealed its financial results for the full year ending 31 December 2023.

Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers - Vimarsana News

Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers

Earnings for UK supermarket giant Asda rose by a quarter last year on the back of repeat customers using store loyalty schemes.

Source: cityam.com
Struggling Asda promises to cut £3.8bn debt pile - Vimarsana News

Struggling Asda promises to cut £3.8bn debt pile

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 is changing its mince packaging after fury at Sainsbury's over 'mush' meat - Vimarsana News

Asda is changing its mince packaging after fury at Sainsbury's over 'mush' meat

The mince meat change at Asda follows an identical decision by rival Sainsbury’s which was forced to defend its new packaging after shoppers criticised it as “disgusting”

Asda to save over 60 tonnes of plastic a year with new beef packaging - Vimarsana News

Asda to save over 60 tonnes of plastic a year with new beef packaging

Supermarket swaps Just Essentials beef mince plastic trays for vacuum-packed recyclable film