Asda unveils new brand identity to stand out in UK grocery market

Morrisons to trial sale of New Zealand lamb in 39 stores. Walmart sails through inflation with strong sales, ups outlook. And Waitrose to open first in-store GAIL's bakery in Canary Wharf, London.

Forward this email  |  View in browser Retail Insight Network In Brief May 20, 2024 SPOTLIGHT READ Asda unveils new brand identity to stand out in UK grocery market The introduction of a new brand identity for Asda is the next step of its broader brand strategy led by customer research. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Morrisons to trial sale of New Zealand lamb in 39 stores  The decision contradicts the principles established by Morrisons, which is known for its support for British agriculture.   Walmart sails through inflation with strong sales, ups outlook  The company's strong performance suggests a degree of resilience among American consumers.   Waitrose to open first in-store GAIL's bakery in Canary Wharf, London  The move comes a year after Waitrose introduced dedicated sections offering GAIL's bakery products in 64 stores.    Walmart opens new fulfilment centre in Pennsylvania, US The facility aligns with the retailer's goal of providing next-day or two-day shipping to a broader customer base.    Canada Goose reports 12.5% gross profit increase in FY 2024 The company's revenue climbed to C$1.33bn ($976.70m) during the year, marking a 10% increase from FY 2023.   Target reduces prices on 5000 most popular items The retailer has reduced prices on 1,500 items, with thousands more price cuts planned to take effect over the course of summer 2024.   Body Shop administrators to put retailer up for auction  FRP Advisory is ready to formally approach potential buyers. Read more news IN-DEPTH READ Future of Physical Retail   GlobalData's latest report outlines the future of physical retail in the retail and apparel sectors, consumer attitude towards offline and online retail, and a range of innovations that will shape the future of physical retail. Physical retail is forecast to maintain a somewhat steady market share of the total retail market, making it consistently important and relevant to retailers. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Click below to view more from across the network: Packaging Gateway    |   Just Style   |   Just Drinks   |   Just Food        Was this email forwarded to you? Sign up here.   Please send any news or comments to: consumer.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences