Asda appoints Allan Leighton as executive chair
Asda has announced that Allan Leighton has been appointed executive chair, succeeding Lord Stuart Rose.
Asda to axe 475 jobs at Leeds and Leicester head offices
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.
Consumers choose to save instead of spend, according to Asda
UK retailer Asda has published its latest Income Tracker, which shows that despite an increase in household disposable income, spending was down 0.3%.
Kantar finds supermarket pricing a “mixed picture”
Market research firm Kantar has revealed that supermarket prices rose across 182 product categories, while costs fell in another 89.
Asda reports ‘strong’ online performance as total revenues decline
UK retailer Asda has reported a “robust” online performance “despite a challenging retail environment”.
