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 ...

Returning boss Allan Leighton said it would not be a “quick fix” to get the supermarket chain back on a stronger footing.

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

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

Back in November, Allan Leighton, the former CEO who has now returned as executive chairman, went on record as saying that it could take three to five years to revive British supermarket chain ...

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'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 ...