Asda published its Q2 results (Apr-Jun 2026) and has returned to underlying sales growth for the first time in more than two years, according to Shore Capital, providing an early
Asda published its Q2 results (Apr-Jun 2026) and has returned to underlying sales growth for the first time in more than two years, according to Shore Capital, providing an early
Morrisons cut almost 5,000 jobs last year as the supermarket sought to control costs amid heavy debt and widening losses.
Asda has reported another decline in sales, making it the only major UK supermarket to go backwards during a summer period that delivered growth across most of the grocery sector.
Asda’s sales slump has deepened as the supermarket continues to lose ground to discount rivals despite efforts to overhaul stores and cut prices.
The latest industry report shows Lidl is on the brink of overtaking Morrisons to become the UK’s fifth-largest supermarket, after posting sales growth well ahead of its rivals this summer
Dozens of Morrisons Stores Fail Hygiene Inspections
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 taken control of the struggling supermarket following Mohsin Issa’s formal departure as chief executive.
Asda has become the UK’s most expensive supermarket for fuel, according to new analysis.
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.
Shell’s earnings fell by nearly a third as the company adapted to reduced oil and gas prices.
In January, food price inflation in the UK dipped marginally to 6.8%, a slight decrease from December 2023’s 6.9%, as reported by Kantar. This reduction is modest compared to the