Asda grows underlying earnings by 24%
Supermarket chain Asda has revealed its financial results for the full year ending 31 December 2023.
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Supermarket chain Asda has revealed its financial results for the full year ending 31 December 2023.
Earnings for UK supermarket giant Asda rose by a quarter last year on the back of repeat customers using store loyalty schemes.
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.
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”
Supermarket swaps Just Essentials beef mince plastic trays for vacuum-packed recyclable film