Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.
By James Davey LONDON (Reuters) -Struggling British supermarket Asda has warned that required investment in lowering prices ...
Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...
Leighton, who was parachuted in in November, having become a legendary figure at Asda during the 1990s alongside Archie ...
Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...
Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...
ASDA will win shoppers back by being an “online discounter” and selling the cheapest branded goods and petrol, its boss says.
Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability ...
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 ...
The cut is the largest overnight price drop made by any retailer so far in 2025, and is Asda's largest cut since 2022.