Skip to content
Search
AI Powered
Latest Stories

​Former Co-op top executive joins Asda ​

Asda brings Jo Whitfield on board

Asda Co-op

Photo: Google Maps via LDRS

Supermarket Asda has announced the joining of Jo Whitfield in its board of directors as a Non-executive Director to support its turnaround plans.

Whitfield previously spent eight years at Asda from 2008 onwards, holding a number of senior positions in operations, e-commerce, commercial, general merchandise and money & mobile.


She then joined the Co-op, where she was Chief Executive of Food for five years from 2017. Until last year, she was the CEO at Matalan, leading a business turnaround strategy.

Asda noted that given her breadth of experience in the convenience market from her time at the Co-op, she will have a particular focus on supporting the growth of the group’s Express c-store chain.

In recent weeks, Asda’s new Chairman, Allan Leighton, has made several changes to the struggling retailer’s management team to support his strategy to return the chain to its traditional focus on value.

He is also reported to have restarted the group’s search for a Chief Executive, having operated without a permanent leader since the abrupt departure of Roger Burnley in August 2021.

At the end of January, Asda announced that it was cutting prices on over 4,000 products as part of a move to re-establish its value credentials and win back shoppers after a slump in its market share over the past year.

Commenting on his latest appointment, Leighton said, “Jo is one of the UK’s most experienced retail leaders and has a deep knowledge of the food retail, convenience and fashion markets.

"She also understands Asda’s DNA and the role this business plays in delivering value for hard-working families. We are delighted to welcome her back to Asda.”

Whitfield, who will join Asda shortly, added, “Asda is one of the biggest names in retail and plays an important role in the daily lives of millions of customers and communities throughout the UK.

"It is a business that I have a strong affinity with and I look forward to working with Allan and the rest of the leadership team to help Asda get back on track.”

More for you

Interest rate cut: Bira warns of troubles still ahead

Interest rate cut: Bira warns

iStock

Interest rate cut: Bira warns of troubles still ahead

Bira (British Independent Retailers Association), which represents over 6,000 independent retail businesses across the UK, has warned that they face troubled times ahead despite today's Bank of England interest rate cut to 4.5 per cent, as the Bank halves its growth forecast for 2025 to just 0.75 per cent.

"The reduction in interest rates was expected and is welcome news for the retail sector," said Bira CEO Andrew Goodacre. "We have consistently maintained that rates have unnecessarily remained high for longer than required, and we anticipate this reduction will help boost consumer confidence."

Keep ReadingShow less
Carlsberg returns to profit after exiting Russian market

Carlsberg returns to profit

Carlsberg returns to profit as sale of Russia subsidiary completes

Danish brewer Carlsberg said Thursday that it returned to profit in 2024 thanks in part to completing the sale of its Russian subsidiary.

Like many Western companies Carlsberg sought to pull out of Russia after it invaded Ukraine in February 2022, but it was only in December 2024 that it was able to complete a sale of the Baltika brewery.

Keep ReadingShow less
Pernod Ricard lowers FY25 outlook Due to China and US Tariffs Impact

Bottles of Ricard, aniseed-flavoured beverage, are displayed on shelves in a supermarket in Chanverrie, France, October 16, 2024

REUTERS/Stephane Mahe/File Photo

Pernod Ricard lowers FY25 outlook amid global tariff threats

Tariffs imposed by China and the United States could deal an estimated €200 million (£167m) blow to Pernod Ricard's business annually, finance chief Helene de Tissot said on Thursday.

China has already imposed temporary tariffs on European brandy imports, hurting Pernod's sales of its Martell cognac brand. The impact of tariffs, which could become permanent, forced Pernod to cut its outlook for 2025 and beyond on Thursday.

Keep ReadingShow less
​Shoplifter banned from Blackburn town centre, One stop stores

Shoplifter banned from Blackburn town centre, One stop stores

Prolific shoplifter banned from Blackburn town centre, One Stop Stores

A prolific shoplifter has been banned from Blackburn town centre and One Stop Stores in Lancashire.

Benjamin Wareing, 29, of Lockside was handed a two-year Criminal Behaviour Order (CBO) over shoplifting offences.

Keep ReadingShow less
Eurotrade Limited joins sugro uk

Eurotrade Limited

Sugro UK

Manchester-based wholesaler joins Sugro UK

Sugro UK, the member-owned buying and marketing group, announced the expansion of its membership with the addition of Manchester-based wholesaler Eurotrade Limited as a new Member to the group.

Established in 1983, family-run business Eurotrade originated from modest roots, operating from a small shop in Manchester which sold novelty items to retailers, cash and carries, and smaller wholesalers.

Keep ReadingShow less