All the updated news related to allan leighton

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City

Co-op appoints first female boss in 159-year history

The Co-op has appointed the group’s first female chief executive since it was founded in 1863, the company announced. Shirine Khoury-Haq will replace current boss Steve Murrells, who will step down after ten years with the group at the company’s ...

25 Mar 2022 at 12:25

City

TM Lewin bought out of second administration in two years

Shirtmaker TM Lewin could return to the high street after being rescued from disappearance for the second time in less than two years. The brand will be taken over by Petra Group, its main lender, after reported interest from other buyers, ...

08 Apr 2022 at 16:55

City

Co-op warns over inflation impact as sales nudge higher

The Co-op Group saw sales edge higher over the past year but warned that it expects “inflationary pressure to continue” and affect profitability. It came as the retail-to-funerals business continues with a transformation plan under ...

05 Apr 2023 at 09:15

City

Asda revival no ‘quick fix’ as supermarket spending drive to knock profits

Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and revive its stores in a bid to win back shoppers from rivals. Returning boss Allan Leighton said it would ...

14 Mar 2025 at 14:00

City

Asda boss says ‘long way to go’ in turnaround as sales fall further

There is a “long way to go” in Asda’s plan to revive the supermarket giant’s fortunes, its boss has said. However, Allan Leighton, who recently rejoined the UK’s third largest grocery chain after more than 20 years, said it has ...

29 May 2025 at 14:01

City

Asda says product availability in shops knocked by major IT upgrade

Asda has said recent sales have been knocked by “temporary disruption” to product availability following its delayed IT systems upgrade. However, boss Allan Leighton said he has seen a “clear improvement” in performance at the ...

28 Aug 2025 at 13:00

City

Asda to sell off stores for £568m to shore up finances

Asda has agreed to sell a raft of supermarket stores and a depot in order to bolster its finances. The debt-laden grocery giant said it would secure £568 million through sale of the sites, which it will then lease back and ...

20 Nov 2025 at 11:29

City

Asda recovery ‘set back six months’ by botched IT upgrade

Asda has said a botched £1 billion IT upgrade which hit product availability on shelves has set the business back “by six months” amid efforts to turn around its fortunes. Boss Allan Leighton, who returned to the ...

28 Nov 2025 at 14:30

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