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

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

By James Davey LONDON (Reuters) -Struggling British supermarket Asda has warned that required investment in lowering prices ...

Asda has launched a fresh round of job cuts as the grocer races to axe workers involved in a botched £800m IT upgrade that ...

In January, Asda relaunched its Rollback programme, with an average price reduction of 25 per cent across 4,000 products, ...

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 ...

Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per cent to £21.7bn.

Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability ...

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

Asda will carry out a major range cull over the next 12 months, as a key plank in the supermarket's fightback following a ...

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

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 ...