Asda cuts prices on strawberries and raspberries

Asda cuts prices on strawberries and raspberries
Asda cuts prices on strawberries and raspberries
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Belgium: Lidl wants to double sales of plant-based products with a price reduction
Lidl Belgium permanently reduces the prices of plant-based protein products to the level of the animal variant. The retailer will also expand its range and aims to double sales by 2030.
Source: retaildetail.eu

UK: Asda invests £70m in grocery price cuts
Asda has announced new price cuts on 126 essential items worth £70m as part of its ongoing efforts to reduce retail prices for its customers. Asda Strawberries 400g from £2.50 to £2.00 (-20%); Asda Raspberries 250g from £3.19 to £2.69 (-16%).
Source: corporate.asda.com

UK: One Stop retailer reports £500,000 turnover increase due to online delivery boom
A One Stop franchisee claims a £500,000 increase in sales at his store in less than 12 months after switching to online sales. Anish Panchmatia, who runs a 3,000 sq ft store in Sutton Coldfield, Birmingham, said: “The shift to developing our online sales has enabled us to reach thousands of new customers outside our traditional trading area, some as far as five miles away. This has not only helped us keep pace with changing shopping habits, but has also significantly increased our sales.”
Source: talkingretail.com

UK: Waitrose launches new PlantLiving products to respond to rising flexitarian eating habits
As flexitarian eating becomes increasingly popular, Waitrose is proud to announce the launch of 12 new PlantLiving products. These products have been specially developed to meet changing dietary preferences, such as less soy protein and more vegetables, beans and legumes.
Source: johnlewispartnership.media

UK: Asda refinances debt of more than $4 billion
British supermarket Asda has refinanced more than £3.2 billion of debt, pushing the majority of repayments into the next decade, Asda said. Asda, the UK’s third-largest retailer, is owned by brothers Zuber and Mohsin Issa and private equity firm TDR Capital.
Source: reuters.com

Amazon sees recovery in e-commerce: 7% more sales
Amazon reported 10.4 billion dollars (9.7 billion euros) profit on sales of 143.3 billion dollars (133.6 billion euros), significantly higher than the 3.2 billion dollar profit and 127.4 billion dollar sales years earlier. It marks a turnaround for the tech giant, which has faced economic and competitive pressure over the past two years.
Source: retaildetail.eu

The article is in Dutch

Tags: Asda cuts prices strawberries raspberries

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