Private equity-owned Asda has been hit by a sell-off of its bonds and loans as investors in the struggling UK supermarket ...

Asda plans consultations on 150+ management and logistics roles after a 4.2% Christmas sales drop, amid efforts to cut costs and restructure operations.

Asda’s VP of Digital and Technology, Rob Barnes, explains how the divorce from its US owner Walmart has presented both opportunities and challenges. Asda is one of the largest supermarket chains in ...

Back in November, Allan Leighton, the former CEO who has now returned as executive chairman, went on record as saying that it could take three to five years to revive British supermarket chain Asda ...

LONDON (Reuters) -Asda, Britain’s third-largest supermarket group, said on Thursday that sales in its current quarter would be dented by disruption linked to the final phase of a major IT overhaul ...

Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts ...