Asda has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline.

Asda was given a ratings upgrade in April last year from B2 by Moody’s, but the agency warned “since then its credit quality ...

Leighton’s return has sparked “euphoria” on the shop floor, a former senior employee said. “Allan going back and getting rid of Mohsin is like a double whammy”. During his eight-year ...

Asda has unveiled 4,000 price cuts and a heavyweight marketing push - but its discounter price match scheme has been dropped ...

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

Allan Leighton has relaunched Asda’s search for a new chief executive, as the supermarket’s new chairman attempts to stamp ...

Allan Leighton is attempting to turn around Asda’s fortunes after replacing Lord Rose last year - Eddie Mulholland Asda has been struck by a fresh sales slump as new chairman Allan Leighton ...

Allan Leighton is not wasting any time. No sooner does the veteran retail chief return to where it all started for him, at Asda, than he launches what he intends will be the great push to ...

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

Asda has appointed former Matalan CEO Jo Whitfield as a non-executive director as the Leeds-based supermarket looks to turn ...

Asda has kicked off the year no retailer wants to, with its worst Christmas since 2015 and a redundancy round.

With falling sales and new boss Allan Leighton saying the turnaround 'could take 3-5 years', what does the Leeds-based business need to do to avoid a terminal decline?