Asda struck by fresh sales slump as new chairman races to stem decline
Asda has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline.
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Asda’s sales slump must be turned around to avoid credit derating, warns Moody’s
Asda's chairman Allan Leighton needs to resolve the chain's operational challenges in the months ahead to prevent further ...
Moody's sounds alarm on Asda's credit rating as sales and market share slump again
Asda was given a ratings upgrade in April last year from B2 by Moody’s, but the agency warned “since then its credit quality ...
Ex-Matalan boss Jo Whitfield returns to Asda board
Jo Whitfield is returning to Asda after eight years, joining the supermarket's board of directors as a non-executive after ...
Asda must restore revenue growth to avoid credit derating, Moody’s warns
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...
Asda: Moody’s warns credit rating under threat amid sales slump
Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.
Can Allan Leighton’s price push roll back the years for Asda?
Asda has unveiled 4,000 price cuts and a heavyweight marketing push - but its discounter price match scheme has been dropped ...
Asda's sales continue slide but Rollback pricing return aims to win back shoppers
Asda’s struggles to retain customers have continued with new figures showing a fall in sales and market share in January.
Asda's woes continue as food inflation eases in January
Asda's struggle to retain customers continued into the new year as fresh industry data also showed that grocery price inflation eased slightly in January as supermarkets stepped up their promotional ...
UK grocery inflation slows to 3.3% in January, sales rise 4.3%: Kantar
Market researcher Kantar said annual grocery price inflation was 3.3% in the four weeks to Jan. 26, down from 3.7% in last ...