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

Asda has been grappling with shrinking sales in an increasingly competitive market as well as availability problems and declining store standards. Its grocery market share fell to 12.6 per cent in ...

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

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

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