Asda chartered a cargo ship for itself to “navigate supply chains issues” and purchased extra turkeys, pigs in blankets to ensure stock levels in time for Christmas Day.
Retail giant Amazon’s plans to save Christmas came as they reported a slight dip in third-quarter sales. This was due to a decrease in online food delivery demand.
Asda, however, is one of many supermarket chains expecting strong festive periods after last year’s celebrations were marred in part by Covid-19 travel restrictions.
On Monday, the retailer informed investors that it had’successfully navigated the industry-wide supply chain problems’. It also stated that early preparations had been made to ensure that shelves are stocked.
They prepare by increasing the number of turkeys or pigs covered in blankets at shops and adding festive products such as mince pies and sweets to depots.
Asda chartered a cargo ship for itself to “navigate supply chains issues” and purchased extra turkeys, pigs in blankets to ensure stock levels in the lead up to Christmas Day. (file image).
Last year, billionaires Issa and TDR Capital bought Asda.
To ensure that products such as toys and decorations are delivered on time, the company has chartered its own container ship.
To meet the expected increase in shoppers’ demand, 15,000 additional temporary employees were also hired by the company.
Following Roger Burnley’s resignation earlier this year, the retailer giant is now operating without a chief executive.
In order to meet an anticipated rise in customer demand (stock image), the company also hired 15,000 temporary workers.
According to it, like-for–like sales without fuel fell by 0.7% during the September quarter compared to last year.
However, like-for-like sales were still two percent higher than in the previous quarter of 2019.
Asda’s online market has declined by 2.7%, and digital sales have fallen by 2.7%.
The company informed investors as well that Asda On The Move’s expansion has not ceased.
Asda has increased the availability of turkeys/pigs in blankets within its stores and also added Christmas products, such as sweets, mince pies and desserts to all their depots
On the EG Group forecourts, there have been thirty convenience stores.
Mohsin Mohsin was joined by Zuber Issa in a joint statement. They stated: “Looking forward, our plans for rolling out Asda On The Move continue to be firmly on track. It will also open up substantial growth opportunities in this convenience channel.
“We’re also encouraged by customers’ enthusiasm for the Asda rewards loyalty programme. We look forward to expanding this program to other stores in the coming year.