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Pin to quick picksTesco Share News (TSCO)

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Share Price: 307.60
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Change: -2.00 (-0.65%)
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Open: 309.90
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Asda launches green strategy to cut single-use plastics

Tue, 20th Oct 2020 09:52

(Sharecast News) - Asda launches fruit and vegetable strategy in new sustainability store to try to cut down on single-use plastics and promises "greener" products without packaging at the same price.
To promote sustainability, Asda will be launching Greener at Asda Price, a promise that loose and unwrapped fruit and vegetables will not cost more than their wrapped equivalents at any of its stores.

The move is an attempt to reduce complaints from customers that greener alternatives to their ordinary groceries usually come with a hefty price tag.

At its new-style shop in Middleton, a suburb of Leeds, a "live" trial will be held and monitored from Asda's nearby head office, with customers asked to give feedback on the various schemes that could be a model for other stores.

The trial store's scheduled opening in May was delayed owing to Covid-19.

The store will offer 53 fresh produce lines in loose and unwrapped format. The store will also have recycling facilities for items that are difficult to recycle such as crisp packets, toothpaste tubes and cosmetic containers in general.

"Today marks an important milestone in our journey as we tackle plastic pollution and help our customers to reduce, reuse and recycle," said Roger Burnley, Asda's chief executive. "We have always known that we couldn't go on this journey alone, so it is fantastic to work in tandem with more than 20 of our partners and suppliers who have answered the call to test innovative sustainable solutions with us."
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20 Jun 2023 10:10

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(Sharecast News) - Grocery price inflation has eased to its lowest monthly level this year, according to industry data released on Tuesday.

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20 Jun 2023 08:30

TOP NEWS: UK grocery inflation fades to year-to-date low - Kantar

(Alliance News) - UK grocery price inflation eased to its lowest level since last year, numbers on Tuesday showed, though it remained in robust shape, helping boost the market share of discounters.

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20 Jun 2023 08:00

UK grocery inflation edges lower for third straight month -Kantar

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UK grocery inflation 16.5% in four weeks to June 11

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19 Jun 2023 14:31

Britain's M&S the latest supermarket to cut prices

M&S cuts prices of 70 products, holds prices of 150

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19 Jun 2023 11:37

UK high-sugar promotion ban delay angers health campaigners

Rules banning multi-buy deals on HFSS foods delayed to 2025

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19 Jun 2023 10:21

UK health campaigners angered by further delay to high-sugar promotion ban

LONDON, June 19 (Reuters) - Britain's decision to further delay rules banning multi-buy deals on food and drinks high in fat, salt, or sugar (HFSS) has dismayed health campaigners who say it will not help struggling families save money.

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19 Jun 2023 00:00

British supermarket Morrisons cuts prices of nearly 50 products

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16 Jun 2023 17:01

LONDON MARKET CLOSE: FTSE 100 ends a week of rate decisions higher

(Alliance News) - Stocks in London ended largely higher on Friday, following a busy week centred on the interest rate decisions of three major central banks.

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16 Jun 2023 15:44

UK dividends calendar - next 7 days

Monday 19 June 
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Sell GBP on aggressive BoE pricing - Danske Bank

STOXX 600 up 0.6%

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16 Jun 2023 12:11

LONDON MARKET MIDDAY: Shares firm and sterling continues to ride high

(Alliance News) - Stock prices in London were higher at midday on Friday, with equity markets on the front foot at the conclusion of a week dominated by central bank decisions.

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16 Jun 2023 11:21

Tesco looks in "robust" shape, but unchanged guidance of no surprise

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16 Jun 2023 11:13

Why is UK food inflation so stubbornly high?

LONDON, June 16 (Reuters) - Bank of England Governor Andrew Bailey said this week that British food price inflation had been slower to drop than global commodity prices, despite past reassurances from the Bank's contacts in the retail industry that prices would fall.

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16 Jun 2023 08:47

LONDON MARKET OPEN: Stocks head higher as pound tops USD1.28 again

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LONDON BRIEFING: Tesco sales up; ITV mulls AllMedia3 acquisition

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