Asda has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline.
Asda was given a ratings upgrade in April last year from B2 by Moody’s, but the agency warned “since then its credit quality ...
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...
British supermarket group Asda on Thursday launched a major round of price cuts, with "a significant investment" its new boss ...
Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.
Asda has unveiled 4,000 price cuts and a heavyweight marketing push - but its discounter price match scheme has been dropped ...
With falling sales and new boss Allan Leighton saying the turnaround 'could take 3-5 years', what does the Leeds-based ...
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 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 ...
Asda’s struggles to retain customers have continued with new figures showing a fall in sales and market share in January.
Allan Leighton is not wasting any time. No sooner does the veteran retail chief return to where it all started for him, at Asda, than he launches what he intends will be the great push to ...
The pressure on British consumers eased a little in January as a step-up in supermarket promotions meant grocery inflation ...