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

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 ...

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

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

Leighton was a key part of the executive team that steered Asda away from bankruptcy and towards a £6.7bn sale to Walmart in the 1990s. Since his return, he has been spending heavily to cut prices in ...

Disruption from the IT transition led to ‘inconsistent availability levels across stores and particularly online’, the ...

The leadership shift after Walmart CEO Doug McMillon steps down could leave open CEO positions at Sam’s Club and the retailer ...

ASDA has rolled out a major change at hundreds of petrol stations across the UK – allowing punters to pocket some cash during ...

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

Asda has raised roughly £600m from two sale-and-leaseback deals as its owner TDR Capital uses the supermarket’s property assets to boost its finances before a debt repayment to former owner Walmart.