Lenders told of £175 million project top-up for 2025, four years after buyout The UK's third-largest supermarket has seen the ...

Walmart's push for a 25% increase in retail media spending highlights a growing industry tension as brands question the value ...

Mr Leighton was at Asda eight years, latterly as chief executive, and spearheaded a revival that culminated in it being sold to US giant Walmart for more than £6billion. He is hoping to work his ...

US retail giant Walmart sold Asda to the billionaire Issa brothers and private equity firm TDR Capital for £6.8billion four years ago. The supermarket chain was saddled with billions of pounds of ...

Asda’s IT separation from former majority owner Walmart is set to cost nearly £1 billion, with the retailer allocating an additional £175 million to complete the project. The supermarket giant ...

This was despite another round of redundancies announced this week, with 200 staff losing their jobs, many of those having been involved with its Project Future programme following the decoupling from ...

If you’re a regular Asda shopper you might notice some changes occurring within your local supermarket over the next 12 months. That’s because the retailer is going to be axing between 5,000 ...

Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on improving stores. Allan Leighton, who took over as Asda chairman ...

Five Greater Manchester Asda stores have become the first to use facial recognition in a crackdown on shoplifting and abuse. The technology is being trialled in stores from Monday, March 31 ...

Asda has cut the price of a further 1,500 products as it continues to try and regain its crown as the UK's cheapest supermarket. It comes after the supermarket giant came under intense pressure ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Struggling UK supermarket Asda has warned of a material hit to profits this year as its new boss vowed to ...