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 ...

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

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

London broker Jeffries has questioned whether Asda’s sales will rise quickly enough to meet the demands of its turnaround ...

The sell-off came after Asda's executive chairman Allan Leighton (pictured) said he will spend millions in a bid to turn the ...

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

Boss has vowed to regain customers’ trust but admitted it "will take time". Leeds supermarket giant embarks on investment ...

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 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.