Asda struck by fresh sales slump as new chairman races to stem decline
Asda has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline.
Can Allan Leighton’s price push roll back the years for Asda?
Asda has unveiled 4,000 price cuts and a heavyweight marketing push - but its discounter price match scheme has been dropped ...
Asda must restore revenue growth to avoid credit derating, Moody’s warns
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...
The Daily Telegraph5d
Asda has become an embarrassment. Its old boss thinks he can fix it
Returning Asda boss Allan Leighton has vowed to ‘restore the supermarket’s DNA’ Credit: Eddie Mulholland Others question whether he can do it at all without Norman by his side. One City ...
Asda: Moody’s warns credit rating under threat amid sales slump
Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.
Has Asda’s painful divorce from Walmart led to its terminal decline, or can boss Allan Leighton turn the grocer around?
With falling sales and new boss Allan Leighton saying the turnaround 'could take 3-5 years', what does the Leeds-based business need to do to avoid a terminal decline?
Moody's sounds alarm on Asda's credit rating as sales and market share slump again
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AOL23d
Has Asda’s painful divorce from Walmart led to its terminal decline, or can boss Allan Leighton turn the grocer around?
The business clearly needs strong leadership and as one former Asda senior executive who worked under Leighton told Fortune, “Allan is inspirational and probably the best person for the job.
Ex-Matalan boss Jo Whitfield returns to Asda board
Jo Whitfield is returning to Asda after eight years, joining the supermarket's board of directors as a non-executive after ...
London Evening Standard7d
Moody's sounds alarm on Asda's credit rating as sales and market share slump again
Struggling Asda’s credit rating is under threat if the supermarket fails to turn around its poor performance, agency Moody’s warned today. It said retail veteran Allan Leighton, who was ...
The Daily Telegraph20d
Asda relaunches long-running search for new boss
Allan Leighton has relaunched Asda’s search for a new chief executive, as the supermarket’s new chairman attempts to stamp his authority on the business. The retail veteran is kickstarting the ...