Asda adds ex Co-op boss Jo Whitfield to board of directors
Former Co-op boss Jo Whitfield is joining Asda's turnaround efforts, returning to work as a non-exec director at the retailer ...
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.
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'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 ...