cookies ANNUAL REPORT. Annual growth in the Asda Income Tracker picked up considerably in the final quarter of 2020, reaching 10.0%. Jan. 13, 2021. In February, Asda became the first supermarket to support the NHS Covid vaccination programme using its in-store pharmacies, and has since administered more than 50,000 jabs from its Cape Hill, Watford and Old Kent Road stores. In the 12 weeks leading up to December 25, 2022, sales at Asda increased by 6.4 percent compared to the same period a year earlier. During the year, we invested incrementally in our customer offer, delivering lower prices to millions of customers and improving the quality of thousands of own-brand products through use of healthier ingredients and more sustainable packaging. 2 0 obj Our vision is to be the super-specialists in . Asda has a strong heritage of investing in price and customers can trust us to be on their side when they need it the most. 3 0 obj Like for Like sales (excluding fuel) increased by 3.5%. Asda uses cookies. Asda also confirmed Michael Gleeson will be joining the supermarket next year as Chief Financial Officer. Title Reporting year Date received Received Download Annual return 31 December 2021 27 October 2022 On time Accounts and TAR 31 December 2021 . Proxy Ballot. % In launching its first report, Asda is recognising the growing importance of ESG issues to customers, investors, suppliers and the communities Asda serves. Forward-looking statements are not guarantees of future business performance or that future events will occur, and inherently involve certain risks, uncertainties and assumptions which are difficult to predict and outside of the control of management. 1 0 obj Annual Session. {*Jh(pLMT6d+J7Wqmr.FO"&VSPcU Following an initial 'test and learn' with 10, Asda opens landmark 150th Asda On the Move convenience store, Asda announces expansion of Claires partnership in 500-store roll out. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Asda reports 9.2% decline in like-for-like sales in Q1 2022. The annual report and accounts also note that, as part of the terms of sale of Asda from Walmart to the Issa Brothers and TDR Capital Ltd, dividend payments were made to parent company Walmart during the year comprising of 1,650.0m in cash and a dividend in specie of 1,269.5m. Certain statements contained in this release are forward looking statements, and may discuss our future or our expectations regarding our business performance. %PDF-1.7 F_?ER'(}P j31(Br(yW`zM'qZhSad-+g^VL2 U3.1TJ:Y6(}/7vup=8p+=_N0Wq`aZb.> 6;M=3\MT$gOPBU5EQ1 HlTU"y6V*qgCw='T4e6ySvG. Our purpose is to Inspire and Support a Lifetime of motoring and cycling. The accounts for Asda Group Limited, includes the financial activities of all Asda stores, distribution centres and online operations including food, clothing, general merchandise and fuel. We have made lots of progress across key areas, and it is extremely important that we continue to aim high and make change within our business which will have a positive effect on our planet and the communities we serve, making it easier for customers to make decisions which can have a positive impact on their environment.. The 150th Asda on The Move store is located at Baynards Green Services in Bicester, Oxfordshire and will be the third Asda On the Move in the local area. The supermarket has made strides in moving towards its targets and has also announced additional targets as it looks to have an even greater impact helping its communities and reduce its effect on the environment. endobj Q@Y3L{ysAgsd) 9HZHMwDSzZ(vP1v,h5c&Q05oY Post navigation. <> endobj Financial Reports and Presentations For access to financial reports and presentations please click here. We are investing in helping our shoppers manage the challenges of the here and now, as well as progressing critical strategic initiatives including loyalty, convenience and enhancing our in-store offering, which will all deliver long-term value.. %PDF-1.7 Asda confirmed that Ken Towle has joined the business this week as Retail Director, with responsibility for running the supermarkets 640 stores. ASDA scales can be valued by the number of stores it runs as well as how money people work for them. UK-wide annual gross income growth reached a near 13-year high of 4.4% in Q1 2021 Annual growth in gross incomes continued to accelerate in the first quarter of 2021, reaching 4.4% across the UK. Download this and previous annual reports by simply selecting the year. Asda Income Trackers by region, annual % change to quarter indicated Income Tracker growth supported by the East !8W*VA^Mn:oF 2 0 obj <> Shareholders' Meeting Materials: Register for Electronic Delivery. Asda ESG Report Summary 2022 Modern Slavery Statement 2022 Asda 2021 Gender Pay Report . The report includes a publication of its full carbon footprint, including scope 3 emissions for the first time. View PDF Group of companies' accounts made up to 31 December 2021 - link opens in a new window - 124 pages (124 pages) 11 Feb 2022 . xWnJGr]eJ!UF: HU/\c(jvG:oyfDpj=373;tj:N The store stocks over 1,300 branded and own-label products to provide a more extensive offering of fresh produce and chilled lines than is traditionally found on fuel forecourts. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 842.04 595.32] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Asdas sales for 2019 were 22,899.2m (2018 22,916.5m). Although the pandemic is not over yet, there are signs that our customers are feeling much more optimistic about the future, with almost 60% of those we recently spoke to saying they are looking forward to a summer of socialising with friends and family.. The move will reduce textiles waste by preventing thousands of tonnes of clothing from going to landfill each year. This showed that affordable greener choices, reducing single-use plastic and cutting food waste were the top three priorities for customers. . Another key milestone was the agreement with Rothesay Life for a buy-in of the Asda Group Pension Scheme. This was the first such dividend payment to Walmart since 2017. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. However, the step back in sales versus the prior year was more strongly felt in clothing (19.3%) and general merchandise (23.7%) as sales in Q1 2021 benefitted from the closure of non-essential retail. Annual Report 2022 ESEF (ESEF reporting package) (ZIP - 13.5MB) 20-F 2022 (PDF - 4.1MB) Order a printed copy of the Annual Report UK Shareholders: Please contact our registrars - Equiniti 0371 384 2991 (in the UK) +44 (0)121 415 7067 (outside the UK) US Shareholders: Please contact our GSK Response Center on Toll Free +1 888 825 5249 Operating on a, Like-for-like sales performanceQ1Q2Q3Q4FY22(9.2%)(1.9%)4.7%5.4%(0.2%)Sales & Adjusted EBITDA (excluding fuel)FY2022FY2021YoYSales20.452bn20.424bn0.1%Adjusted EBITDA886m1.171bn(24%)Asda has today published its full year results for the period ending 31st December 2022 and updated investors on the progress it is making towards, Following a positive customer response, Claires will now bring its exclusive fashion accessories to multiple formats within more than 500 Asda locations, providing an immersive and easy shopping experience for customers.Catering to all ages and the whole family, the two brands are a natural fit. We use stream stream In 2019, Asda won 92 awards at the Quality Food and Drink Awards including Retailer of the year, and The Grocer Magazines G33 Price Award for the twenty-second consecutive year. 1 0 obj zW BZJM, The 150th Asda on The Move store is located at Baynards Green Services in Bicester, Oxfordshire and will be the third Asda On the Move in the local area. This marks the fastest growth rate since Q2 2008, when incomes had picked up by 4.8%. In addition, customers continued to embrace online shopping with total digital sales (Asda.com and George.com) up 88% year-on-year. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 842.04 595.32] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Added an additional 400 healthy Live Better product lines to bring its total to over 700, signposting customers to the healthiest products in Asdas own brand range. On March 18, ASDA, along with 48 other dental organizations signed on to a letter requesting that the Department of Labor consider exempting small The trading quarter from 1st January to 31st March, which coincided with the UKs third national lockdown, saw Asdas like for like sales (excluding fuel) increase by 7.3% driven by strong growth in non-food categories and online shopping. The store stocks over 1,300 branded and own-label products to provide a more extensive offering of fresh produce and chilled lines than is traditionally found on fuel forecourts. We also refreshed 37 stores with our latest proposition. For the first time, a breakdown of complaints by nation, providing us with a clearer picture of national differences alongside the overall complaint totals. <> It brings together existing and new commitments and builds on Asdas current Create Change for Better programme. Asda also continued to implement its Create Change for Better strategy, further eliminating more than 7.7 tonnes of packaging used in its Own Brand products and asking suppliers to work with them in finding new solutions to refillable and reusable products, an initiative that came to fruition in October 2020 with the launch of Asdas trial store in Middleton, Leeds. Asda sales growth accelerates in latest quarter Reuters Shoppers walk past the UK supermarket Asda, in Leeds, Britain, October 19, 2020. The store stocks over 1,300 branded and own-label products to provide a more extensive offering of fresh produce and chilled lines than is traditionally found on fuel forecourts. Highlights include: Jacki Simpson, Vice President of Reputation at Asda, said: The last 12 months have been extremely challenging for our customers which is why we are doing all we can to support them during the cost-of-living crisis whilst not losing sight of our ESG responsibilities. The report has been produced following extensive research with more than 3,000 customers to understand which ESG-related issues matter most to them. Download for your device Advertisement Tesco Annual Reports 1 0 obj This marks the fastest growth rate since Q3 2015, when The 150th Asda on The Move store is located at Baynards Green Services in Bicester, Oxfordshire and will be the third Asda On the Move in the local area. This figure represented a series During the first quarter we continued to support our colleagues and communities impacted by the pandemic and are hugely proud of the role our pharmacy colleagues have played supporting the NHS in the Covid vaccination rollout. Use Adobe Acrobat Reader and Liquid Mode for best reading experience. stream The report includes a publication of its full carbon footprint, including scope 3 emissions for the first time. In October 2019, Walmart, Asda and the Trustees of the Asda Group Pension scheme agreed to proceed with a bulk annuity insurance buy-in of the pension scheme with Rothesay Life PLC, a specialist insurer of defined benefit pension schemes. <> %PDF-1.7 Report: December 2020 Released: January 2021 Centre for Economics and Business Research ltd Unit 1, 4 Bath Street, London EC1V 9DX t 020 7324 2850 . As part of its strategy to provide customers with sustainable choices, Asda recently announced the extension of its partnership with Preloved Vintage Kilo to sell pre-worn clothes in 50 stores across the UK. X&Xb6Y]"y6 F*qtSTty endobj Asda co-owner Mohsin Issa said: "The latest Asda Income Tracker . 2021 Annual Report. Under its new owners the business will invest over 1 billion in the next three years to further strengthen the customer proposition and supply chain. 4 0 obj Despite the challenges of the pandemic, we have not lost sight of our wider ESG responsibilities and this report provides an update of where Asda is now on the issues that matter most to our colleagues, customers and communities and importantly where we want to be in the future. Asda has today also filed its annual Statutory Accounts for the financial year to 31st December 2020 with Companies House. Retail. You've accepted analytics cookies. 26T{O. <>/Metadata 2608 0 R/ViewerPreferences 2609 0 R>> This resulted in a one off payment by Asda of 1,174.8m into the scheme and the supermarket remains on track to complete the full Scheme buy-out in 2021, securing the benefits of the Schemes 12,300 members. You can change your cookie settings at any time. The supermarket also announced it would increase the pay of its hourly paid shop floor colleagues from 9.66 to 10.10 per hour from July. Asda continues to expand the trial of its Asda Rewards loyalty programme, which is now live in 48 stores and has opened 35 Asda on the Move stores, with the most recent site opening today in Ashington, Northumberland. ASDA advocated for this bill at Lobby Day in 2017, 2018, 2019, and virtually in 2020. o ASDA signed onto 15 coalition letters on a variety of topics between March -Dec. 2020. Ken has over 30 years retail experience with Tesco and more recently as CEO of the convenience chain Nisa. This transaction saw Asda make a one-off payment of 1,174.8m into the scheme and secured the benefits of the 12,300 scheme members. Download Attachments. August 19 2020. Halfords Group plc Annual Report and Accounts for the period ended 2 April 2021. xW[oX~G?qU~UU)$JHT5Hm;slI @/G9o^8_ 2RBllbVP?o`nu?,LvKd}E8)rg>JfcaZE-76B=cdZlJ(Dt;ZJ$t\^_~N`e'x|we| %mdvRG+ pFZ'$x|l 22YC$({Q4n JX7Jx6GN- 3%?[:&nk Ha:)63C"_p)@\aGf@Szm( endobj The acquisition of Asda by the Issa Brothers and TDR Capital remains subject to final regulatory approval by the Competition and Markets Authority. The store stocks over 1,300 branded and own-label products to provide a more extensive offering of fresh produce and chilled lines than is traditionally found on fuel forecourts. Like for like food sales increased by 3.9% as customers stocked up on core grocery lines and household staples. endobj Therefore, actual outcomes and results may differ materially from what is expressed in any forward-looking statements, and we cannot assure you that the results of developments expressed in these statements will be realised or even if realised, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows.