[mind Retail Exclusive] Asda reduces phantom stock by withdrawing 1.6 million products

Featured image of the article [mind Retail Exclusive] Asda reduces phantom stock by withdrawing 1.6 million products

An article by Morgane Monteiro

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Publication

24 May 2024 à 18h04

Updated on 5 March 2025 à 18h43

Reading time

2 minutes

Publication: 24 May 2024 à 18h04, Updated on 5 March 2025 à 18h43

Reading time: 2 minutes

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According to our information, the British retailer Asda rolled out Retail Insight's latest solution in all its supermarkets. The grocer aims to reduce inventory errors, which are responsible for almost all “out of stock” issues.

An article by Morgane Monteiro

Add mind Retail to your sources
Publication

24 May 2024 à 18h04

Updated on 5 March 2025 à 18h43

Reading time

2 minutes

Publication: 24 May 2024 à 18h04, Updated on 5 March 2025 à 18h43

Reading time: 2 minutes

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In July 2023, to counter the phenomenon of phantom stocks, Asda (sales of €27.2 billion in 2023, up by 7.1%) deployed the Retail Insight solution called InventoryInsight in 800 supermarkets.

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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