08.01.25 Asda's Turnaround Plan: Will It Work?

This podcast episode looks at the latest news from UK supermarkets, including Christmas sales figures, new product launches, and a discussion of employment rights in the sector. Here’s what’s discussed regarding each supermarket: ● Aldi: The supermarket chain is running a giveaway of £20,000 worth of vouchers after Which? named it the cheapest supermarket in the UK for the fourth year in a row. Aldi also states that its products are of higher quality than those at other supermarkets, in response to price match schemes. ● Asda: The supermarket has seen its worst Christmas sales figures since 2015. The chain is working to turn the business around by cutting prices and searching for a new chief executive. Asda is price matching Aldi and Morrisons. ● Marks & Spencer: Shoppers are very pleased with a £49 polka dot midi tea dress that is available online in sizes 8 to 24. ● Morrisons: The supermarket has been named cheaper than Aldi and Lidl and is now price matching over 500 products from the budget retailers. ● Tesco: The supermarket has launched Clubcard Unpacked, where customers can see a summary of their shopping habits for 2024. Tesco has also been warned that the UK risks becoming a “dumping ground” for products that can’t enter the EU due to the UK lagging behind on employment rights.