Almost £4bn has been wiped off Britain’s biggest supermarkets amid fears over Asda’s plans to launch a grocery price war as ...
Asda attributed the growth to better gross margins, especially in the non-food sector, showcasing the strength of its George ...
London broker Jeffries has questioned whether Asda’s sales will rise quickly enough to meet the demands of its turnaround ...
Leighton also revealed that his turnaround plan included a major range reduction programme over the next 12 months, with around 6,000 SKUs set to be cut. The process will involve a ...
Asda has announced that it is to continue cutting prices and putting more staff on the shop floor as it reported that total ...
Asda has warned that a programme of investment in reducing prices together with improving availability and its shopping experience is set to "materially reduce" its profits in 2025.
Asda's Rollback price strategy shows early positive momentum, despite a revenue decline and profitability concerns. The ...
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GB News on MSNUK's biggest supermarkets suffer £3.5bn blow as Asda price war sparks market turmoilThe UK's Supermarket giants have lost more than £3.5billion in market value after Asda revealed plans for a major price war.
Thinktank The Resolution Foundation warns that Chancellor Rachel Reeves is set to 'break her own fiscal rules' ...
Asda - which is rivalled by the likes of Tesco and Sainsbury's - claims to have ‘pretty significant war chest’ but analysts ...
Sainsbury’s CEO Simon Roberts has acknowledged the intensifying competition in the supermarket sector following Asda’s ...
Matalan's former chief trading officer Ben Smith, who departed in January, is set to take on a new role within Sainsbury’s ...
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