The FTSE 100 extended its winning run to four despite soft US retail sales figures and warnings of lower domestic economic growth than expected. The FTSE 100 index closed up 47.96 points, 0.6%, at ...

Donald Trump said there would be no exemptions to his steel and metal tariffs in a blow to Sir Keir Starmer as he seeks ...

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

Asda attributed the growth to better gross margins, especially in the non-food sector, showcasing the strength of its George ...

Almost £4bn has been wiped off Britain’s biggest supermarkets amid fears over Asda’s plans to launch a grocery price war as ...

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 ...

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

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.

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

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

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 revive its stores in a bid to win back shoppers from rivals. Returning ...