Asda, Britain's third largest supermarket, "lost the plot" but can be fixed, its chairman said on Friday as it reported ...

Asda has seen its third quarter revenue decline by 2.5% to £5.3 billion. In the three months to 30 September like-for-like ...

Billionaire businessman Mohsin Issa, alongside his partner Victoria Price, has launched a new private investment fund, ...

Asda is set to axe 475 roles at its head offices in Leeds and Leicester - and has also told staff that they must come in for ...

Former Marks & Spencer boss Lord Rose is leading the business alongside former eBay senior vice president Rob Hattrell after co-owner Mohsin Issa stepped back from running Asda in September.

Clearly those people who are leaving the businesses probably won't be very polite about me but that's life,' said Rose ...

Mohsin Issa, co-owner of Asda, has launched a fund to invest in UK start-ups. The new fund, Boulder Investco, is based ...

Other staff have been told they must come in at least three days a week from January. The change is said to apply to about ...

The changes are understood to apply to more than 5,000 of Asda's head office workers across three different locations in ...

An update was delivered to staff in an email from Asda chairman Stuart Rose and board member Rob Hattrell, which was later published in full ...

A spokesperson from Asda said: "The changes which are being communicated today will result in 475 colleagues being made ...

Asda Chairman Stuart Rose voiced concerns over a £100m impact on the retailer due to increased National Insurance ...