Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...

In January, Asda relaunched its Rollback programme, with an average price reduction of 25 per cent across 4,000 products, ...

Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...

Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...

Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per cent to £21.7bn.

Asda has been grappling with shrinking sales in an increasingly competitive market as well as availability problems and declining store standards. Its grocery market share fell to 12.6 per cent in ...

The company stated that the move “re-affirms its position as the best value fuel retailer in the UK”. Prior to its takeover by TDR Capital and the Issa brothers, Asda had long been regarded as the ...

Shoppers are set to be big winners as Asda signalled a new price war as its new top boss promised to revive the ailing chain ...

When your film’s supporting cast features the iconic snack mascot Mr. Peanut as a fearless robotic war hero, you’ve got to ...

Renowned as one of the most ruthless of its breed, Elliott is dissatisfied with the strategy laid out by BP boss Murray ...

Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private ...

Asda is selling off some of its supermarket car parks as it looks to reduce its debt pile. The grocery chain is understood to ...