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Asda reported its first trading growth in over two years, driven by lower prices and improved online services. Executive Chair Allan Leighton highlighted IT stability and effective management of food
Asda chairman Allan Leighton called for a clearer UK economic growth strategy, citing burdensome taxes and packaging levies. He also warned that drought conditions will inevitably drive up food inflat
Asda reported a slower decline in quarterly underlying sales (-0.8%), driven by improved product availability and price investments. The retailer also partnered with Ocado to enhance its online busine
The UK FTSE 250 gained led by Ocado following an Asda partnership, while oil prices dropped on US-Iran ceasefire hopes.
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