Overbudget Project Future will continue to cause problems into Q2 next year, chairman admits Asda's delayed tech divorce from Walmart, which involved a complete SAP ERP upgrade, has caused "severe ...

British grocer Asda warned it does not expect to return to underlying sales growth until mid-2026 after third quarter sales were dented by disruption linked to the completion of an IT overhaul ...

LONDON (Reuters) -Asda, Britain’s third-largest supermarket group, said on Thursday that sales in its current quarter would be dented by disruption linked to the final phase of a major IT overhaul ...

Disruption from the IT transition led to ‘inconsistent availability levels across stores and particularly online’, the ...

Asda’s sales slump has deepened as the grocer faces a battle to win back shoppers in the crucial run-up to Christmas.

Back in November, Allan Leighton, the former CEO who has now returned as executive chairman, went on record as saying that it could take three to five years to revive British supermarket chain Asda ...

Asda has reported a drop of 2.8% in Q3 sales as it completes 'Project Future' and works on its turnaround strategy.

The second credit downgrade for Asda parent Bellis Finco in a matter of weeks – following Fitch’s downgrade in late November ...

LONDON, May 10 (Reuters) - Asda will be scrutinised for clues on whether U.S. owner Walmart wants to line it up for sale or to compete longer term in the cut-throat British grocery market when it ...

Asda’s VP of Digital and Technology, Rob Barnes, explains how the divorce from its US owner Walmart has presented both opportunities and challenges. Asda is one of the largest supermarket chains in ...

Walmart Inc. has found a buyer for a majority stake in its U.K. unit, Asda, a year after a failed attempt to sell it to a rival chain fell through. The Bentonville-based retailer said Friday that it ...