Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.
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 ...
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 has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline.
Asda’s struggles to retain customers have continued with new figures showing a fall in sales and market share in January.
Supermarket discounting helped to relieve pressure on consumers in January as grocery inflation slowed, according to new data ...
Asda's flagging fortunes have continued into the new year, while Tesco and Sainsbury's have been buoyed by a consumer health ...
Tens of thousands of Asda store workers have moved closer to potential payouts after the latest judgment in a historic ...
Asda has announced a major change for workers at its UK stores. The supermarket giant has confirmed it is raising its staff ...
Asda has unveiled 4,000 price cuts and a heavyweight marketing push - but its discounter price match scheme has been dropped ...
Asda, which has ditched its Aldi Lidl Price Match scheme this week, has also announced changes to its rewards loyalty scheme.