Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines ...

Asda was given a ratings upgrade in April last year from B2 by Moody’s, but the agency warned “since then its credit quality ...

Former Co-op boss Jo Whitfield is joining Asda's turnaround efforts, returning to work as a non-exec director at the retailer ...

Financial services firm Moody's has warned Asda's credit rating is under threat if it does not turn around its performance.

Asda has appointed former Matalan CEO Jo Whitfield as a non-executive director as the Leeds-based supermarket looks to turn ...

Jo Whitfield is returning to Asda after eight years, joining the supermarket's board of directors as a non-executive after ...

Whitfield, who will join the retailer as a non-executive director “shortly”, spent eight years with Asda between 2008 and ...

Struggling Asda’s credit rating is under threat if the supermarket fails to turn around its poor performance, agency Moody’s warned today. It said retail veteran Allan Leighton, who was ...

Asda's chairman Allan Leighton needs to resolve the chain's operational challenges in the months ahead to prevent further ...

Until last year, she was chief executive at Matalan where she led a turnaround strategy and a refocus on value. Allan Leighton, Asda’s executive chairman, said: “Jo is one of the UK’s most experienced ...

Jo Whitfield, the former chief executive officer of Matalan, has returned to supermarket giant Asda’s board as a ...

Asda's struggle to retain customers continued into the new year as fresh industry data also showed that grocery price inflation eased slightly in January as supermarkets stepped up their promotional ...