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, who was parachuted in in November, having become a legendary figure at Asda during the 1990s alongside Archie ...

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

Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...

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 ...

Shoppers are set to be big winners as Asda signalled a new price war as its new top boss promised to revive the ailing chain ...

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 plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.

Asda's Rollback price strategy shows early positive momentum, despite a revenue decline and profitability concerns. The ...