Grocery giant Asda has agreed to sell 24 supermarket sites and a key depot in a deal worth £568 million. In a move to improve its finances, the debt-laden retailer will utilise a sale-and-leaseback ...

Supermarket chain Asda is selling 24 of its stores and will rent them back as it struggles with its debt mound. There will be no change to the shops, nor its Lutterworth depot, which has also been ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asda has raised close to £600mn from two sale-and-leaseback deals as its private equity owner TDR Capital uses ...

If you want to know how Asda lost its way under the Issa brothers take a trip to South Manchester. At one end, opposite the Heineken brewery in the heart of Moss Side, an Asda superstore is in a ...

Asda has kicked off the festive season by unveiling its Christmas advert, the first from any major supermarket this year. The 90 second clip, which will be broadcast during ITV's 1% Club tonight, ...

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Asda is leaning into a big-character Christmas this year, tapping one of the holiday season’s most recognizable faces: the Grinch. Famously averse to festive cheer, the Dr Seuss creation is the ...

LONDON, Aug 28 (Reuters) - Asda, Britain’s third-largest supermarket group, said on Thursday that sales in its current quarter would be dented by disruption linked to the final phase of a major IT ...

Asda is holding talks with food and drink companies to try to fix a raft of problems with its new supplier portal, amid claims the switchover to its new IT system is causing chaos. The Grocer can ...

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A trading standards officers found 36 items that were out of date at the Leckwith store Asda has been fined more than half a million pounds for selling dozens of out of date items at two of its ...

Asda is pressuring suppliers including Heinz, Nestlé and General Mills to lower prices as it battles to win back customers. The struggling supermarket is locked in talks with some of its biggest ...