The retailer is restructuring transport and head office roles to cut costs and improve efficiency. asda/Instagram Asda is preparing to consult staff over potential redundancies after reporting a sharp ...

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.

LONDON, Aug 28 (Reuters) - Asda, Britain’s third-largest supermarket group, said on Thursday that sales in its current quarter would be dented by disruption linked to the final phase of a major IT ...