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 Cuts Nearly 5,000 Jobs as Debt and Losses Mount
Morrisons cut almost 5,000 jobs last year as the supermarket sought to control costs amid heavy debt and widening losses.
Asda Sales Fall for Eighth Month Despite Summer Grocery Boom
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 worsens as retailer battles to win back customers
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.