The supermarket giant is set to release its new pricing strategy after competitor Asda dramatically lowered its costs to try ...

Shares in Tesco, the UK’s largest supermarket group, struck their highest level for over a decade earlier this year.

Allan Leighton’s ‘rollback’ pricing strategy is back, but rival supermarkets are well-placed to weather any storm ...

The restaurant chain has negotiated a £55m par debt paydown which will see its debt position reduced to £280m.

Pizza Express has secured a boost worth £75m after agreeing a refinancing deal which will significantly cut its debt. The ...

His pledge last month to get the business “firing on all cylinders again” by cutting prices on thousands of items sparked a sell-off in the shares of competitors Tesco (TSCO), J Sainsbury (SBRY) and ...

The cost of Asda’s IT separation from Walmart is nearing £1 billion, with the retailer allocating an additional £175 million to complete the project.

Asda’s sales slump has intensified as discount store Aldi closes in on the struggling supermarket. The British grocer’s sales ...

Food giant Asda has reportedly been in the midst of an important discussion about the future of its many employees. It has ...

Asda is drawing up plans to shift jobs abroad as the struggling supermarket puts more roles at risk of redundancy. The retail ...

Asda is doubling down on its commitment to value by reducing prices by up to 45% on 1,500 "family favourite" items. The move ...

Allan Leighton’s return to Asda as chairman has also seen the large supermarket pledging to target the German discounters ...