Supermarket
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Asda Reports Widened £989m Annual Loss Amid Turnaround Strategy
UK supermarket chain Asda has reported a pre-tax loss of £989m for 2025, as the retailer struggles with intense market competition and high one-off costs.
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Tesco Shares Tumble Despite Market Share Gains: High Expectations Meet ‘Relentless’ Price War
Tesco’s shares dropped nearly 5% despite increasing its market share to 28.7% and projecting higher annual profits. Weaker-than-expected Christmas sales and intense competition fueled investor disappointment amid a ‘relentless’ price war.
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Bear Attack in Japanese Supermarket Leaves Two Injured
A wild bear rampaged through a supermarket north of Tokyo, injuring two people and sparking urgent calls for wildlife safety measures in urban Japan.