Asda boss Bond checks out
In a shock announcement today (12 March), Wal-Mart revealed that Andy Bond is stepping down as chief executive of Asda. The news has raised many an eyebrow in the world of UK retail, as it...
Asda will need to be more aggressive in its growth strategy with the appointment of a new CEO, according to analysts.
Andy Bond is to step down as chief executive of UK retail giant Asda.
Irish food retailer Superquinn has again moved to quell long-running rumours that the company is a potential takeover target for multinational retailers, including Tesco and Asda.
Sales among the UK's major retailers grew by 3.6% in the 12 weeks to 21 March but slowing food inflation has weighed on growth, according to the latest data from Kantar Worldpanel.