UK’s Asda To Roll Out Value Ranges In All Stores
Asda will put its lowest price food ranges in all its stores after poverty campaigner Jack Monroe criticised British supermarkets for cutting back their budget ranges.
With UK consumer price inflation forecast to peak at around 7.25% in April, and interest rates and taxes also rising, Britons are facing the worst squeeze on their disposable incomes for 30 years, according to the Bank of England.
Asda, Britain’s third largest supermarket group behind Tesco and Sainsbury’s, said it would stock its full ‘Smart Price’ and ‘Farm Stores’ ranges in all 581 food stores and online ‘to provide customers on a budget with more value choices.’
ESM
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >Accelerating inflation in Hungary: brutal food price hikes and measures of questionable effectiveness
Inflation in Hungary accelerated again in February 2025: consumer prices…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >