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

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 ...

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

Asda has announced that it is to continue cutting prices and putting more staff on the shop floor as it reported that total ...

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

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 ...

AstraZeneca will acquire EsoBiotec for a total consideration of up to $1billion, on a cash and debt free basis. This will ...

Nathan Coe, the CEO of Auto Trader, said the UK doesn't have the same level of 'encouragement or incentivisation' around ...

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 ...

The UK's Supermarket giants have lost more than £3.5billion in market value after Asda revealed plans for a major price war.