LONDON, May 17 (Reuters) - Asda, the British arm of U.S. retailer Wal-Mart, said sales growth accelerated in its first quarter and it won market share from "coupon crazy" rivals, as a focus on low ...

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 battles to ...

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 ...

The British supermarket chain is planning to remove over 80 managerial posts alongside multiple warehouse roles.

Sales at UK supermarkets rose above inflation in February as Brits looked for cost-effective ways to treat themselves. Take-home sales at the grocers rose by 3.6 per cent over the four weeks to 23 ...

Asda’s grocery sales dropped 4% in the last quarter, with market-wide data showing the highly leveraged UK supermarket chain losing ground to rivals. The market share of Britain’s third-largest grocer ...

The industry data suggests that despite Asda embarking on a turnaround, it has been losing ground to rivals.

UK value supermarket chain Asda was downgraded deeper into junk by Fitch Ratings, in part due to recently signed sale-and-leaseback transactions — including one with US asset manager Blue Owl Capital.