Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.

Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.

By James Davey LONDON (Reuters) -Struggling British supermarket Asda has warned that required investment in lowering prices ...

Asda’s new chairman has admitted the supermarket is “struggling” as he warned profits would tumble amid a spending spree on ...

Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...

Shoppers are set to be big winners as Asda signalled a new price war as its new top boss promised to revive the ailing chain ...

In January, Asda relaunched its Rollback programme, with an average price reduction of 25 per cent across 4,000 products, ...

Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per cent to £21.7bn.

Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and ...

Asda will carry out a major range cull over the next 12 months, as a key plank in the supermarket's fightback following a ...

The cut is the largest overnight price drop made by any retailer so far in 2025, and is Asda's largest cut since 2022.

Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability ...