Asda’s sales slump has deepened as the supermarket continues to lose ground to discount rivals despite efforts to overhaul stores and cut prices.
Asda Owners Distribute £44 Million Payout Despite “Embarrassing” Performance
Asda’s owners have approved a payout of £44 million even though the company has reported an “embarrassing” performance. This decision highlights the owners’ commitment to rewarding shareholders despite the supermarket
Asda chairman Lord Rose has assumed control of the struggling supermarket.
Asda chairman Lord Rose has taken control of the struggling supermarket following Mohsin Issa’s formal departure as chief executive.
Switch off EV charging points at Asda in blow for shoppers
The Issa brothers, known for their billionaire status, have turned off over a hundred electric car charging stations at Asda locations, disappointing customers who usually charge their cars while shopping.