Moody's sounds alarm on Asda's credit rating as sales and market share slump again - Veteran retailer Allan Leighton has ...

Asda has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline.

Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...

Asda's chairman Allan Leighton needs to resolve the chain's operational challenges in the months ahead to prevent further ...

Morrisons will outpace Asda in revenue and earnings growth until the latter resolves its operational problems, ratings agency ...

Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.

Asda's flagging fortunes have continued into the new year, while Tesco and Sainsbury's have been buoyed by a consumer health ...

Asda’s struggles to retain customers have continued with new figures showing a fall in sales and market share in January.

Britain’s discount grocers gained market share as shoppers looked for value and promotions in the run up to the holiday ...

British supermarket chain Asda Group Ltd. lost a crucial ruling in its £1.2 billion ($1.5 billion) equal pay dispute as a UK ...

Morrisons will outpace Asda in revenue and earnings growth until the latter resolves its operational problems, ratings agency ...