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Asda owner slumps to near £600m loss as sales fall
theguardian.com/business/2025/jun/25/asda-owner-near-600m-loss-as-sales-fall
Group battles heavy debts and problems transferring IT systems from former parent Walmart
The owner of Asda slumped to a near £600m loss last year as sales at the supermarket group fell and the cost of servicing its debt pile increased.
The retail group dropped £599m into the red in the…
This story appeared on theguardian.com, 2025-06-25 11:15:59.