Private equity-owned Asda has been hit by a sell-off of its bonds and loans as investors in the struggling UK supermarket chain grow concerned that accelerating sales declines will jeopardise its ...

Asda is facing its toughest period in more than a decade as new market data shows the supermarket rapidly losing ground to Aldi, which analysts say is now within months of overtaking it as Britain's ...

This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling ...

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 ...