US EditionGood news for Asda shoppers as supermarket makes major change to 956 items
Asda reduces prices by an average of 6% on 956 grocery items to ease financial pressure on lower-income households facing a £74 weekly shortfall, the retailer said.
- Asda, Leeds-based supermarket, announced it is cutting prices on 956 products both in-store and online as part of its Asda Price plan.
- Asda framed the cuts as a response to falling sales, with take-home sales down 2.6% over 12 weeks to 10 August and Kantar reporting a 2.7% drop in three months to early September.
- Among the discounted items are Yorkshire Tea reduced from £6.32 to £5 and Asda Gravy Granules from £1 to 69p, with some deals adding to 3,452 Rollback deals.
- Asda says the reductions are intended to help lower-income households facing a weekly shortfall and is cutting prices on 49 'Free From' products by up to 15% at its supplier conference.
- Market data confirm Lidl’s £250m investment and Tesco boss Ken Murphy recently hinted at more price competition, while Asda’s revenues fell from £24.6 billion to just under £23.8 billion and it reported an £834 million loss.
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Keighley News
Good news for Asda shoppers as supermarket makes major change to 956 items
Asda is reducing the price of 956 everyday grocery items both in-store and online.
Asda Announces Another Round Of Price Cuts
Asda is cutting the cost of 956 everyday grocery products as part of its commitment to improve its price competitiveness. The struggling supermarket’s latest round of cuts includes cupboard staples such as pasta, cooking sauces, tea and coffee. Examples include (more…) The post Asda Announces Another Round Of Price Cuts appeared first on KamCity.
Asda cuts price on almost 1000 products in value marketing push
Asda has announced a major round of price reductions today (7 October), cutting the cost of 956 everyday grocery products both in-store and online. Prices reduced by an average of 6% across a host of categories including Core Grocery, Household, Non-Edible and Free From, with some prices dropping by more then 30%, said the retailer. These include key cupboard staples like pasta, cooking sauces, tea and coffee. Customers will see Yorkshire Tea (2…
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