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

Leighton, who was parachuted in in November, having become a legendary figure at Asda during the 1990s alongside Archie ...

Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.

Following a mixed set of results for the 2024 financial year, Asda executive chairman Allan Leighton says his work is only ...

ASDA will win shoppers back by being an “online discounter” and selling the cheapest branded goods and petrol, its boss says.

Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...

"at-above-post addthis_tool" data-url=" chair Allan Leighton has laid down his game plan for turning around the UK’s third ...

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

Asda veteran Allan Leighton admitted the supermarket chain’s problems are “self-inflicted” as he looks to turnaround the ...

Asda needs to “dig down into its soul” and reshape its pitch to customers if it wants to tackle the rising threat from the likes of Aldi and Lidl following a rollercoaster 2024, analysts have ...

Asda's market share has slumped from 13.7% to 12.6%, while it was also the worst-performing of the major food retailers over Christmas ...

Loblaw’s decline is a story of clashing egos, professional jealousy and strategic screw-ups, the biggest mistake being the company’s decision to try to out-Wal-Mart Wal-Mart. For years, Lamaze ...