
Asda sales down by 3.4% in 2024
UK supermarket Asda has revealed that its total revenue declined by 0.8% in the year to 31st December 2024.
UK supermarket Asda has revealed that its total revenue declined by 0.8% in the year to 31st December 2024.
Retailers have publicly stated their shared concerns over the Government’s proposed changes to inheritance tax.
Asda has announced that Allan Leighton has been appointed executive chair, succeeding Lord Stuart Rose.
Asda bosses have confirmed that 475 jobs are to be cut at its head offices in Lutterworth and Leeds, and the supermarket is also clamping down on hybrid working.
UK retailer Asda has published its latest Income Tracker, which shows that despite an increase in household disposable income, spending was down 0.3%.