Research group Kantar said Asda sales in the 12 weeks to December 1 fell to £4.3bn - down 5.6% on the same period a year ago.
Asda needs to "dig down into its soul" and rediscover itself if it wants to tackle the threat from Aldi and Lidl after a rollercoaster 2024.
Asda has confirmed 475 roles at their head offices in Leeds and Leicestershire will be cut and hybrid working reduced as part ...
The search for Asda’s new CEO continues to push on as the struggling supermarket appoints Allan Leighton as its new executive ...
Leighton, 71, who made his name at Asda, will replace Stuart Rose as executive chairman. Rose will leave after a transition ...
Asda brought back retail industry veteran Allan Leighton as its executive chair on Saturday, replacing Stuart Rose at Britain ...
The potential for Asda now is significant, and my focus will be to work with the leadership team to help make Asda special for our colleagues and millions of customers.” TDR Capital acquired Asda ...
This brings the ownership of Asda by TDR Capital to 67.5%. Mohsin Issa, who stepped back from his executive leadership role in September, owns 22.5 %, while 10% is still held by Walmart.
It is a very exciting time for EG Group, and I am looking forward to focusing on the business while supporting Stuart, Rob and the leadership team in my capacity as a shareholder of Asda.” ...
A senior Asda technology function source told The Grocer that “Asda will get a massive data breach and we all know it” after the supermarket’s security leadership and teams were depleted in the move.