A new CEO would want to implement a strategy shift away from price matching with the discounters. Still, after a poor Christmas performance

We mentioned previously that Allan Leighton intends to be “hands-on.” This will reduce the pool of CEOs willing to take

With EG Group dominating the headlines over the weekend regarding IPO chatter later this year, Asda's headlines are more sobering.  Following a poor

The competitiveness in the UK Grocery sector is not going away. ASDA is looking to cement its position, while Morrisons is looking to win back customers

The additional €185m loan at ASDA will refinance the GBP300m SSNs maturing in September 2026. The SSN coupon is 4.5%, which will be

Allan Leighton has suggested that he may appoint a CEO who is not a traditional grocer, and the attached list has only one

ASDA will take time to turn around, but we still see significant equity under the bonds. The new Chair’s business plan will be published by

The departure of Stuart Rose as chair is a disappointment in the absence of a new CEO. However, Allan Leighton will take on an executive

ASDA is slowly clawing back the price support that has hurt margins (for all supermarkets), but there is still a lot of sensitivity to

ASDA is targeting to finish the implementation of its IT separation from Walmart by mid-February 2025. January will be a busy month

The loss of a senior executive to Morrisons before he even started work at ASDA is not a good look. However, the relative stability of Morrisons is

TDR is now formally the majority shareholder in ASDA having completed the acquisition of Zuber Issa’s 22.5% stake. The transaction

The new CEO is the appointment we are waiting for but