Asda fell to a loss of almost £600m last year as its soaring debt burden and a costly IT overhaul weighed on the beleaguered ...

Asda is plotting to overtake Primark as Britain’s biggest clothing retailer, as bosses forge ahead with an ambitious turnaround plan. Allan Leighton, the Asda chairman, is betting that George, the ...

Supermarket chain Asda made a near-£600m loss last year during a period of struggle, the company’s new accounts have revealed ...

The slide from a £180m pre-tax profit to a £599m loss in 2024 came as food sales lagged expectations, falling 3.7% on a ...

The Leeds-headquartered supermarket giant has posted a pre-tax loss of £599m for its latest financial year, having reported a ...

Weeds have started growing around a newly refurbished Asda Express in Haringey, north London - Jeff Gilbert for The Telegraph ...

Asda’s parent company slumped to a near £600m pre-tax loss last year as the supermarket group faced falling sales ...

Total revenues rose by 5 per cent to £26.8bn in the year to December 31. However, Asda’s like-for-like food sales declined by ...

Asda, whose George fashion range is modelled by Yasmin Le Bon (pictured), fell into the red in 2024 after making a £180m ...

Asda’s returning boss Allan Leighton has been clear that turning around the fortunes of the Leeds-headquartered supermarket ...

Asda has scrapped plans to roll out new staff uniforms next year, as bosses seek to free up cash to spend on cutting prices ...

Asda chief customer officer Kris Comerford is to leave the business, and will be replaced by a returning retail veteran ...