ASDA part of the Wal-Mart familyASDA
Invis
Invis
Friday 27th June, 2008
SUPERMARKET SLASHES PRICE OF TOP-SELLING GROCERIES TO JUST 50p

ASDA invests in price cuts to give customers an inflation-busting shop this weekend

ASDA announced today it is helping customers cut the cost of the weekly shop and fight back against inflation by dropping the price of ten top-selling core groceries to just 50 pence each this weekend. The products available for 50p include core staples such as bread & butter, eggs and fruit & veg.

As the rising costs of living start to hit people where it hurts and with pay day for millions of Britons not until next week, this will come as a welcome relief to the nation’s shoppers.

The inflation-busting price cuts will be available in all 329 of the supermarket’s stores from Friday to Sunday inclusive, sending the cost of a basket of core groceries plummeting from £10.83 to just a fiver – a potential saving of £5.83 for every customer, or more if customers stock up on some of these basics. What’s more the £5 basket is more than 30 per cent cheaper than the same basket would have cost at ASDA twelve months ago.

Customers can cash in on the offer safe in the knowledge that ASDA is footing the bill and costs will not be passed on to suppliers.

Included are many of the supermarket’s current top-selling lines, such as bananas, grapes and potatoes, as well as some of the products that have been hit the hardest by inflationary pressures in recent months, such as bread, butter and eggs.

This is the latest in a string of price investments reinforcing the retailer’s position as Britain’s lowest-priced supermarket.

The move is aimed at helping increasingly cost-conscious shoppers keep the weekly shopping bill as low as possible and will mean every family in Britain can sit down and enjoy a meal together this weekend for less than 50p a head, whether it’s fruit and boiled egg & soldiers for breakfast or bangers & mash for tea.

Darren Blackhurst, ASDA’s food trading director said: "We are totally committed to giving our customers the lowest prices in Britain every day of the year. Value for everyone is what ASDA stands for and with the credit crunch starting to bite and household bills on the rise that’s never been more important.

"That’s why we’re investing in price cuts where they really count for our customers, on everyday staples such as bread & butter, eggs and fruit & veg."

"With our monthly income tracker showing the average family in the UK is £8 a week worse off now compared to this time last year, we’re aiming to reverse that trend and put money back into customers’ pockets this weekend."

ENDS

Notes for Editors

Product

Price w/c 23 June

Price 27-29 June

Saving £

Saving %

Loose bananas

67p per kg

50p per kg

17p

25%

Loose new potatoes

£1.28 per kg

50p per kg

78p

61%

Green grapes 500g

£1.68

50p

£1.18

70%

Piel de Sapo melon

£1.98 each

50p each

£1.48

75%

Cherry tomatoes 250g

68p

50p

18p

27%

Iceberg lettuce

75p

50p

25p

33%

White bloomer 800g

£1.09

50p

59p

54%

ASDA pork sausages 454g

97p

50p

47p

49%

Smart Price butter

85p

50p

35p

41%

Smart Price eggs

88p

50p

38p

43%

TOTAL

£10.83

£5

£5.83

54%