Asda is to invest “a pretty significant war chest” in cutting prices and putting more staff on the shop floor.

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

Meanwhile, fashion shoe retailer Schuh, which has a store in Cheltenham, has cut 39 jobs across its stores and head office as part of a wider restructure, with some jobs going on a voluntary basis.