Aldi has overtaken Asda on food and drink sales in a fresh blow for the British supermarket chain’s turnaround plan.

How did the Issa brothers' ownership of Asda go so wrong? And what do new chairman Allan Leighton and his team need to do to ...

The supermarket price wars escalated yesterday as Asda slashed the cost of 1,500 items by as much as 45 per cent.In the latest attempt by Britain's third-largest supermarket to win back shoppers, new ...

Asda chair Allan Leighton has laid down his game plan for turning around the UK’s third biggest grocer and “regaining customers’ trust”. The supermarket chain saw its like-for-like sales ...

Asda will carry out a major range cull over the next 12 months, as a key plank in the supermarket’s fightback following a slump in sales and warning over a big fall in profits. Executive chairman ...

This part is the hardest part to fix, and it will be one of the reasons Allan Leighton says it will take five years to fix Asda. Own-brand packaging and in-store merchandising are the costliest and ...

Asda's new chairman has admitted the supermarket chain is 'struggling' and has warned profits will fall further amid an investment to improve stores. Allan Leighton, who stepped into the role of ...

Analysts at Shore Capital said a recent visit to Asda stores in Liverpool and Knowsley, Merseyside, showed that “lots and lots and lots” needed to be done getting its stores up to scratch, as pressure ...

But Allan Leighton, the respected City veteran who has returned to Asda as executive chairman, said the investment in price would be “very significant” adding: “We need to open up a 5% to 10 ...

Asda’s sales slump has intensified as discount store Aldi closes in on the struggling supermarket. The British grocer’s sales ...

The supermarket price wars escalated yesterday as Asda slashed the cost of 1,500 ... supermarket to win back shoppers, new boss Allan Leighton cut the prices of staples such as Clover butter ...