Allan Leighton returns to Asda as chair, succeeding Stuart Rose

Leighton emphasized Asda's need to 'refocus on its value proposition,' highlighting the importance of returning to its core mission with contemporary updates to compete effectively.

Despite facing multiple challenges including a 2.5% revenue drop, Asda's new leadership under Leighton is poised to address issues like product availability and customer experience.

Gary Lindsay noted that Asda possesses 'a leading superstore estate' and a robust market position, critical elements that can be leveraged during this transformation phase.

Leighton expressed enthusiasm for returning to Asda, acknowledging the 'significant' potential the company has as it navigates through a transformative period.

Read at Business Matters