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The Latest Breaking News from Allan Leighton

Moody's sounds alarm on Asda's credit rating as sales and market share slump again

Veteran retailer Allan Leighton has vowed to “restore Asda’s DNA” after taking over as chair in November

Evening Standard

Asda brings back Rollback pricing in bid to reverse flagging fortunes

The supermarket, which saw sales fall in the run up to Christmas, has slashed the prices of more than 4,000 products in store and online.

Evening Standard

Has Asda's painful divorce from Walmart led to its terminal decline, or can boss Allan Leighton turn the grocer around?

With falling sales and new boss Allan Leighton saying the turnaround 'could take 3-5 years', what does the Leeds-based business need to do to avoid a terminal decline?

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Former M&S boss says working from home is ‘not doing proper work’

WFH has harmed employee productivity, says Stuart Rose, who was also executive chair of Asda

The Guardian - UK

Who will survive the brutal new supermarket price wars?

Allan Leighton has little choice, other than to attempt to revitalise Asda and turn the rusting super tanker around. If anyone can, he can

Evening Standard

‘Asda turnaround could take three to five years’: Allan Leighton returns to run retailer

Exclusive: The 71-year-old, who left in 2000, says he has three priorities to revive the supermarket chain for a second time

The Guardian - UK

What’s in store for returning Asda boss Allan Leighton?

The ex-CEO turned the troubled supermarket around once before. Now he faces a new battle, from sorting retail basics to rebooting IT

The Guardian - UK

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Former Royal Mail chair apologises for ‘tragic’ Post Office prosecutions

Allan Leighton denies having received any warnings that the Horizon IT system was unreliable

The Guardian - UK

Is running Royal Mail the most impossible job on the FTSE?

As Simon Thompson resigns, leading the 507-year-old postal business looks increasingly like a poisoned chalice

The Guardian - UK

Co-op expects fall in profits amid ‘turbulent economic headwinds’

Warning for year ahead comes as profits fall 11% at grocery arm but remain steady across rest of group

The Guardian - UK

BrewDog chair hits out at HR consultancy for 'fuelling the fire'

Brewery says it will now not be engaging in the proposed employee reconciliation programme

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