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

Private equity-owned retailer plans to use proceeds from asset sale to help settle debt to previous owner Walmart ...

Leighton was a key part of the executive team that steered Asda away from bankruptcy and towards a £6.7bn sale to Walmart in ...

Asda recovery ‘set back six months’ by botched IT upgrade - Disruption from the IT transition led to ‘inconsistent ...

Allan Leighton, Asda’s executive chairman, has been struggling to revive the supermarket’s fortunes - Eddie Mulholland The ...

LONDON (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 overhaul ...

Asda has raised roughly £600m from two sale-and-leaseback deals as its owner TDR Capital uses the supermarket’s property ...

Asda boss Allen Leighton has hit out at the Autumn Budget as anti-growth and anti-investment as sales as the supermarket ...

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 ...

Asda’s debt has been downgraded as its profits are forecast to slump more than anticipated. Ratings agency Fitch confirmed ...

Asda has offloaded 24 stores and its Lutterworth depot in sale & leaseback deals, raising £568m. Ten of the stores and the ...