Struggling Asda’s credit rating is under threat if the supermarket fails to turn around its poor performance, agency Moody’s ...

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

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

Industry data published this month showed Asda's sales plunged 5.8% in the 12 weeks to Dec. 29 year-on-year, with a 1 ...

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

Former Co-op boss Jo Whitfield is joining Asda's turnaround efforts, returning to work as a non-exec director at the retailer ...

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

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

Thousands of Scots supermarket workers could be in line for a share of a potential £1.2 billion payout after the biggest ever ...

Asda’s market share has tumbled to 12.5pc from 14.6pc since it was taken over by private equity giant TDR Capital and the Issa brothers in February 2021. Pressure has been mounting on Mr ...