Allan Leighton news and archive

Asda Rollback: momentum up, profitability still a hurdle

Britain’s supermarket chain Asda’s performance for the year to December 31, 2024 was marked with a revenue decline of 0.8 percent to 21.7 billion pounds, while like-for-like sales were down 3.4 percent. Facing increased competition from Tesco, Aldi, and Lidl, which resulted in market share losses, Asda has launched a "Rollback to Asda Price"...

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C&A adds two new members to its board of directors

Global fashion retail business C&A AG has appointed Allan Leighton as Chairman and Alexander Birken as board director. The company said, Leighton and Birken are both highly experienced business leaders with a strong track record in the retail sector, both in executive and non-executive roles and together with the current board members, they will...