Asda's owner has suffered from a loss near to £600 million last year, as sales at the grocer's group have reportedly fallen.

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

The price pledge came as Asda published results showing total revenues, excluding fuel, were broadly flat last year at £21.7billion, but takings in stores open at least a year fell 3.4%.

Asda claims its focus on price and its loyalty scheme delivered growth for the business in 2023. Co-owner Mohsin Issa called Asda a “supermarket powerhouse”, after the business grew its sales by 5.4% ...

Asda insists the Rollback programme is a rolling one. And in a letter responding to The Grocer’s report, Allan Leighton reiterated that promotion cycles would be “up to 12 weeks”.. But there’s also a ...

Money; Asda; Asda cuts price of more than 200 items to slash cost of shopping- see list of examples Just because prices have been reduced at one supermarket, it doesn’t mean you can’t find the ...

Asda freezes prices on more than 500 items including cereals, pasta and tea until the end of August as household budgets remain 'tight' It applies to branded and own-brand items including cereals, ...

While Asda’s prices are now undercutting rivals across grocery and fuel, Tesco and Sainsbury’s remain formidable players. Tesco, for example, is raising wages by 5.2% to £12.64 an hour, ...

Asda is doubling down on its commitment to value by reducing prices by up to 45% on 1,500 “family favourite” items. The move means that nearly 10,000 of the supermarket’s products, or almost a third ...

Asda has price locked a number of everyday and summer-time products to help customers save money . News you can trust since 1873. Sign In. Subscribe. Revealed: the 'best and worst' train stations ...

Asda is leading the way in cutting costs for drivers as the cost of fuel is set to drop. RAC has announced fuel costs should fall from a six-month high after wholesale costs reduced this year.

Asda has price locked a number of everyday and summer-time products to help customers save money . All Sections. Dare to be Honest. Sign In. Subscribe.