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

Britain’s biggest supermarkets have suffered a £4billion wipeout as Asda declared an all-out price war, slashing grocery and fuel costs in a desperate bid to win back customers. Tesco ...

His pledge last month to get the business “firing on all cylinders again” by cutting prices on thousands of items sparked a sell-off in the shares of competitors Tesco (TSCO), J Sainsbury (SBRY) and ...

Asda's new chairman, Allan Leighton, has pledged to restore the struggling chain's competitiveness, initiating the most significant investment in pricing since his initial tenure at the retailer ...

Asda to face tough competition from Tesco Multiple ... and a will to remain competitive too”. But Black said boss Allan ...

Competitive fears are driving the Tesco share price down, but has the market overreacted? Here are the latest analyst ...

Launched at the end of January, with an average reduction of 25 per cent across 4,000 products, Rollback has now been expanded to roughly a quarter of Asda’s entire range. It also made two additional ...

Asda Executive Chairman Allan Leighton warned that those issues could continue into its 2025 fiscal year. “Looking ahead, we still have plenty of work to get our business firing on all cylinders again ...

“Near-term Asda volume growth is critical,” analysts ... But Black said boss Allan Leighton return created “stronger messages… on the firm’s will to compete better.” ...