Private equity-owned Asda has been hit by a sell-off of its bonds and loans as investors in the struggling UK supermarket ...

Asda’s VP of Digital and Technology, Rob Barnes, explains how the divorce from its US owner Walmart has presented both opportunities and challenges. Asda is one of the largest supermarket chains in ...

LONDON, May 10 (Reuters) - Asda will be scrutinised for clues on whether U.S. owner Walmart wants to line it up for sale or to compete longer term in the cut-throat British grocery market when it ...

LONDON (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 overhaul ...

Back in November, Allan Leighton, the former CEO who has now returned as executive chairman, went on record as saying that it could take three to five years to revive British supermarket chain Asda ...

A new division - as yet unnamed - of the Groupe will be created to manage all of Walmart’s US advertising and in-store creative. Through this "entity", the retail giant will also have access to ...

LONDON, Feb 20 (Reuters) - Wal-Mart Stores Inc. saw furthering strengthening of sales at its British grocer Asda in the first weeks of this fiscal year following last year's "turnabout" in the chain.