I had a vague idea Tesco, Lidl, and Aldi were all clever portmanteaus or acronyms. But for some reason, I had no idea the ...

Asda has launched a fresh round of job cuts as the grocer races to axe workers involved in a botched £800m IT upgrade that ...

The supermarket chain's market share has fallen from 13.7% to 12.6% over the past year, unlike its rivals Tesco and Sainsbury ...

More than 10,000 managers at supermarket chain Asda will not receive a bonus this year after its market share has shrunk.

The company has over 11,000 Walmart stores and subsidiaries in 27 different countries. This includes over 500 Sam's Clubs in the United States, 600 Asda locations in the United Kingdom ...

Several years after debt-fuelled takeovers the supermarket chains are grappling with high interest payments and shrinking ...

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Walmart has offered its former business Asda a lifeline after the UK supermarket chain missed a crucial deadline for an £800m technology overhaul. Earlier this year, industry experts had cautioned ...

Moody’s expected Asda to pay the Walmart liability using its high levels of cash generation but warned the leverage ration could deteriorate if it decided to take on extra debt to fully or partially ...