Asda is at risk of being forced to refinance its entire multibillion-pound debt pile as a result of a vast repayment owed to its former American owner Walmart. The embattled supermarket faces a ...

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 ...

LONDON (Reuters) -Struggling British supermarket Asda said on Saturday veteran retailer Allan Leighton would return as executive chairman, more than two decades after he served as CEO when he turned ...

There was a time in the 1990s when ASDA stood as a shining example of British grocery retail. Families across the country flocked to its stores, drawn by the promise of “ASDA Price,” a blend of ...

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 ...

Asda has promised to keep slashing prices to widen the gap with rival supermarket chains, as Chairman Allan Leighton seeks to win back customers. Britain’s third-biggest grocer is now between 3% and 6 ...

Set-top box manufacturer Pace Micro Technology PIC is hiring ex-Asda boss Allan Leighton as its new non-executive chairman. Leighton has joined the board immediately and is expected to take on the ...

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Asda's executive chairman Allan Leighton (pictured) has been trying to turnaround the beleaguered firm, which has seen its market share crash in the past year.

LONDON, Feb 9 (Reuters) - Allan Leighton, who engineered the turnaround of supermarket chain Asda, is ready to take control of Britain's J. Sainsbury Plc. in the event of a takeover, provided the ...