Asda has launched a fresh round of job cuts as the grocer races to axe workers involved in a botched £800m IT upgrade that ...

Returning boss Allan Leighton said it would not be a 'quick fix' to get the supermarket chain back on a stronger footing.

The company said it would be cutting the cost of diesel and petrol across all of its forecourts. The change will see the price of both fuels drop by 4p per litre at all Asda and Asda Express branded ...

Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per cent to £21.7bn.

Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...

Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.

Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...

Shoppers are set to be big winners as Asda signalled a new price war as its new top boss promised to revive the ailing chain ...

Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...

EG America had an 8% increase in underlying EBITDA ( earnings before interest, taxes, depreciation and amortization) in the ...