Tesco overtakes Asda to be named cheapest supermarket for a big shop - Which? said it is ‘worth noting that Tesco’s ...

To compete with Tesco, Asda needs more than capital. It needs access to scale efficiencies, buying power, data capabilities and alternative revenue streams. A merger or strategic alliance is no longer ...

Private equity-owned Asda has been hit by a sell-off of its bonds and loans as investors in the struggling UK supermarket chain grow concerned that accelerating sales declines will jeopardise its ...

LONDON, March 21 (Reuters) - British supermarket Asda is lowering prices on a further 1,500 products, it said on Friday, stepping up a price war that has seen shares in rivals slide over the last week ...

Asda has promised to keep slashing prices to widen the gap with rival supermarket chains, as Chairman Allan Leighton seeks to win back customers. Britain’s third-biggest grocer is now between 3% and 6 ...

U.K. grocer Asda reported an improved sales performance over the past four months as it benefits from its new low-price strategy, and said this has continued into May. The U.K.'s third largest grocer ...

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.