Britain's Asda warns on profit as it invests in turnaround
Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability ...
Asda revival no ‘quick fix’ as supermarket spending drive to knock profits
Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...
Asda warns of material profit hit after ‘disappointing’ annual sales
Asda has been grappling with shrinking sales in an increasingly competitive market as well as availability problems and declining store standards. Its grocery market share fell to 12.6 per cent in ...
Asda delivers 'disappointing' sales as bosses plan significant investment
Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...
Asda: ‘It’s going to take time to rebuild’ says new boss
UK supermarket giant Asda has dominated headlines for the last year for a host of different reasons: turmoil at the top, declining market share and issues with a significant IT upgrade. The grocer’s ...
allen leighton
Sales and revenue at Asda dropped last year, as expected, but the supermarket said it has begun to deliver on its turnaround ...