THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Asda lowers petrol prices in time for the bank holiday

Asda Income Tracker reveals price of petrol is the biggest pressure on family finances in July 2010

GENERAL MERCHANDISE

Asda lowers petrol prices in time for the bank holiday

Asda Income Tracker reveals price of petrol is the biggest pressure on family finances in July 2010

Asda is dropping the price of both unleaded and diesel by one pence per litre just in time for the bank holiday weekend.
Effective today drivers filling up at Asda will not pay more than 110.9p for unleaded and 113.9p for diesel at any of its 180 filling stations. The move is the latest price cut the supermarket has made over the last two weeks meaning its unleaded prices have fallen by 3p cumulatively during this time.

Earlier this week the Asda Income Tracker pointed to the price of fuel as being the biggest single pressure on family finances in July 2010. It found that despite easing significantly over the month, annual transport price inflation was still the largest contributor to overall inflation rises; there was a 14.3pc increase in the cost of fuel in July 2010 compared to the same time last year.

Phil Briggs Asda’s Commercial Director said: “When it comes to petrol pricing we keep it simple – we try to be the first to drop and the last to put them up,wherever you live. While others are happy to hold onto higher prices for longer, and even inflate them locally where they can get away with it – we believe the right thing to do is have consistently low prices every day, everywhere”.

“This summer is no different, which is why we’ve led a concerted effort to lower the cost of living for our customers – be that cutting the price of a loaf of bread, pint of milk or litre of fuel.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019