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
Mandatory campaigns are not only in Hungary
Serbia continues the fight against inflation and continues to expand…
Read more >MRSZ Media cake: high inflation took away the growth of the Hungarian advertising market
The figures of the Hungarian Advertising Association (MRSZ) assessing the…
Read more >GKI expects a 3.5% drop in purchased consumption in 2024
In its late December publication, GKI essentially confirmed its September…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >