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 ...
Former Co-op boss Jo Whitfield is joining Asda's turnaround efforts, returning to work as a non-exec director at the retailer ...
With falling sales and new boss Allan Leighton saying the turnaround 'could take 3-5 years', what does the Leeds-based ...
Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...
The scheme - which matches the price of certain items with Aldi and Lidl or makes them cheaper than - has been scrapped to ...
Asda’s struggles to retain customers have continued with new figures showing a fall in sales and market share 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 ...
British supermarket group Asda on Thursday launched a major round of price cuts, with "a significant investment" its new boss ...
Market researcher Kantar said annual grocery price inflation was 3.3% in the four weeks to Jan. 26, down from 3.7% in last ...