Category: Asdas
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Asda’s Christmas slip leaves it trailing rivals amid growing competition
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Debt-laden Asda has emerged as the weakest performer among Britain’s biggest supermarkets this festive season, with new data from Kantar showing a sharp 5.8 per cent drop in sales over the 12 weeks to December 29, leading to a decline in… Market share from 13.5 percent to 13.5 percent. 12.5…
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Asda’s struggle under Issa brothers draws criticism from Chairman Lord Rose
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Asda chairman Lord Rose has expressed his embarrassment at the supermarket chain’s recent decline, particularly under the leadership of the Issa brothers. In a candid interview with TelegraphRose acknowledged the challenges Asda faces, revealing his concerns about the company’s declining performance and market share. After a 2.1% decline in sales…