Browsing: Asda

Despite Asda’s financial difficulties, its owners have received a significant payout.TDR Capital, which holds a major share in Asda, reported…

In a significant move before Christmas, major supermarkets are reducing the prices of essential vegetables.Morrisons has announced a price reduction…

Asda has announced a seasonal offer, reducing key Christmas vegetables to 15p.This promotion runs from 19 to 24 December, both…

With the holiday season approaching, Asda experienced a downturn in sales, marking a notable exception in the UK supermarket sector.Asda’s…

Asda has secured a significant financial boost to address its debt obligations.The supermarket giant has negotiated a £155m extension to…

Asda may need to refinance its substantial debt due to an impending repayment to Walmart, posing risks to its financial…

This week’s fashion industry witnessed significant leadership changes across several renowned brands, reflecting a dynamic shift in strategies.Luxury womenswear brand…

The search for Asda’s new CEO is intensifying following Allan Leighton’s appointment as executive chair.Leighton’s return to Asda might attract…

Allan Leighton, Asda’s former CEO, is spearheading efforts to revitalise the supermarket chain. He acknowledges the turnaround may take up…

Asda reinstates Allan Leighton as executive chair amidst significant challenges.Leighton, who led Asda from 1996 to 2001, is credited with…