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

Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts ...

Asda has appointed a former Microsoft executive as its new group chief information officer, following the fallout from its ...

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, 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.

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’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 ...

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 ...

Asda has hired a new IT chief following the fallout from its delayed Project Future IT separation from Walmart.