Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...

Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...

"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 ...

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

Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...

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

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 ...

Asda has been grappling with shrinking sales in an increasingly competitive market as well as availability problems and declining store standards. Its grocery market share fell to 12.6 per cent in ...