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

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 ...

Following a mixed set of results for the 2024 financial year, Asda executive chairman Allan Leighton says his work is only just beginning at the retailer and insists he’s in it for the long haul.

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 ...

Asda is drawing up plans to shift jobs abroad as the struggling supermarket puts more roles at risk of redundancy. The retail ...

And look how well that deal went for Amazon! It’s a point worth remembering when trying to explain the market’s reaction to Asda’s poor results last week, or rather, the “significant war chest” new ...

The boss of Asda has warned there is no "quick fix" to boost the supermarket’s flagging sales as it tries to win back customers from rivals. Allan Leighton, Asda’s executive chairman, said profits ...

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 ...

During the fiscal year, the retailer’s like-for-like sales, excluding fuel, were down by 3.4% and net debt remained stable at £3.8bn by year-end. Asda executive chairman Allan Leighton stated: ...