Overbudget Project Future will continue to cause problems into Q2 next year, chairman admits Asda's delayed tech divorce from ...

British grocer Asda warned it does not expect to return to underlying sales growth until mid-2026 after third quarter sales ...

Walmart has completed its sale of Asda Group Ltd. to private equity firm TDR Capital and the gas station billionaire brothers Zuber and Mohsin Issa. On Tuesday, Walmart said that the parties had ...

The second credit downgrade for Asda parent Bellis Finco in a matter of weeks – following Fitch’s downgrade in late November ...

Asda has reported a drop of 2.8% in Q3 sales as it completes 'Project Future' and works on its turnaround strategy.

LONDON, May 10 (Reuters) - Asda will be scrutinised for clues on whether U.S. owner Walmart wants to line it up for sale or to compete longer term in the cut-throat British grocery market when it ...

Walmart Inc.'s sale of Asda, its U.K. supermarket chain, is a step closer to gaining the needed approval of that nation's antitrust authority. Asda buyers Zuber and Mohsin Issa and private-equity ...

With the deal to sell its U.K. division done, Walmart WMT is continuing its retreat from the global retailing world and increasingly focusing more and more of its attention on its U.S. mothership.

Walmart Inc.'s sale of Asda, its U.K. supermarket chain, is a step closer to gaining the needed approval of that nation's antitrust authority. Asda buyers Zuber and Mohsin Issa and private-equity ...