Asda chairman says supermarkets owed ‘debt of gratitude’ as he snubs profiteering claims

Asda’s chairman said supermarkets are owed a “great debt of gratitude” as he rebuffed claims that the grocer is profiteering from rising petrol and food prices amid the cost of living crisis.  Speaking to LBC, Stuart Rose said that all retailers have seen their profits over the last year go “backwards”.  “If you look at [...]