Sales and revenue at Asda dropped last year, as expected, but the supermarket said it has begun to deliver on its turnaround ...

Several years after debt-fuelled takeovers the supermarket chains are grappling with high interest payments and shrinking ...

Asda will carry out a major range cull over the next 12 months, as a key plank in the supermarket's fightback following a ...

UK supermarket giant Asda has dominated headlines for the last year for a host of different reasons: turmoil at the top, declining market share and issues with a significant IT upgrade. The grocer’s ...

Asda said the vast majority of those leaving the business had been involved in Project Future, which was billed as Europe’s biggest systems implementation programme following its uncoupling from US ...

So, in 1965, they officially joined together to form ASDA. Most of the company (67.5%) now belongs to private equity giant TDR Capital, City AM reports. Mohsin Issa has 22.5%, while Walmart still ...

An already tough year for the UK's high street has seen several brands disappear entirely, and now three major names are ...

The acquisition of VIZIO is expected to have a 150 basis point negative impact on operating income growth due to integration investments and transition costs. Walmart Inc (NYSE:WMT) anticipates ...

To find out which bankers helped their firms benefit from last year's boom, Business Insider partnered with MergerLinks, a UK-based data ... in its $2.3 billion sale to Walmart, the US retailer.

Some leading customers include GAP, JC Penney, Banana Republic, ASDA-Wal-Mart, Kohls, Esprit, Next to name a few. The company has marketing and distribution offices in UK, US and Hong Kong.

Walmart has offered its former business Asda a lifeline after the UK supermarket chain missed a crucial deadline for an £800m technology overhaul. Earlier this year, industry experts had cautioned ...