Moody's sounds alarm on Asda's credit rating as sales and market share slump again
Asda was given a ratings upgrade in April last year from B2 by Moody’s, but the agency warned “since then its credit quality ...
Asda must restore revenue growth to avoid credit derating, Moody’s warns
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...
Asda: Moody’s warns credit rating under threat amid sales slump
Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.
Asda trials automated free sample vending machine
Asda has launched a trial of an automated free sample vending machine at its Pilsworth store in Bury, in what it called a ...
Asda's woes continue as food inflation eases in January
Asda's struggle to retain customers continued into the new year as fresh industry data also showed that grocery price inflation eased slightly in January as supermarkets stepped up their promotional ...
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Political opinion: Beccy Cooper urges for a “fairer deal” for Farmers
Labour MPs have written to the ‘big six’ UK supermarkets, to express concern about their unfair practices, which are severely affecting farmers and growers in the UK. The MPs, drawn from across ...