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

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

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

Following a mixed set of results for the 2024 financial year, Asda executive chairman Allan Leighton says his work is only ...

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

ASDA will win shoppers back by being an “online discounter” and selling the cheapest branded goods and petrol, its boss says.

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

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

The boss of the UK’s third biggest supermarket has warned that profits will be ‘materially reduced’ as it embarks on an ...

Chairman Allan Leighton said the service was being "smashed" every time the name was mentioned so he decided to drop it from the end of the year, partly to boost workers' morale. The group will be ...

Asda veteran Allan Leighton admitted the supermarket chain’s problems are “self-inflicted” as he looks to turnaround the ...

Asda's market share has slumped from 13.7% to 12.6%, while it was also the worst-performing of the major food retailers over Christmas ...