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Asda lowers prices on 2,300 items below rivals, including loyalty discounts, to combat declining sales.
Asda has strengthened its Price Promise, claiming over 2,300 everyday products are now priced lower than those at Tesco, Sainsbury’s, and Morrisons, including their loyalty card discounts.
The move follows a 4.2% sales drop and market share decline to 11.4%—its lowest—over the 12 weeks ending December 28, marking 22 consecutive months of falling sales.
Asda says the pricing applies to fresh meat, produce, chilled goods, groceries, and bakery items, offering consistent savings without requiring loyalty program sign-ups.
The retailer continues its Asda Rewards program, giving 10% back in a Cashpot on fresh produce.
The effort aims to help families manage post-Christmas budgets amid rising competition, including Tesco’s new Everyday Low Prices campaign.
Asda baja los precios en 2.300 artículos por debajo de los rivales, incluidos los descuentos de fidelidad, para combatir la disminución de las ventas.