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

LONDON — Eighteen months after Britain’s competition authority nixed the proposed merger of supermarket giants Asda and Sainsbury’s, Walmart has found new owners for Asda. The deal is valued at 6.8 ...

British grocer Asda warned it does not expect to return to underlying sales growth until mid-2026 after third quarter sales were dented by disruption linked to the completion of an IT overhaul ...

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

LONDON (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 gives its ...

Asda’s sales slump has deepened as the grocer faces a battle to win back shoppers in the crucial run-up to Christmas.

U.K. regulators have blocked the merger of ASDA with Sainsbury. The final word just came from the Completion and Market Authority (CMA), who found that the merger would lessen competition at both the ...

Walmart Inc.'s U.K. supermarket chain Asda plans to expand online grocery shopping capacity over the next year with up to 1 million grocery pickup time slots per week. Asda, which Walmart is ...

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 ...

British supermarket group Asda ended its 22 years under Walmart ownership with accelerating underlying sales in the Christmas quarter, driven by strong demand for premium ranges. LONDON, Feb 18 ...