Asda fell to a loss of almost £600m last year as its soaring debt burden and a costly IT overhaul weighed on the beleaguered ...

The slide from a £180m pre-tax profit to a £599m loss in 2024 came as food sales lagged expectations, falling 3.7% on a ...

Supermarket chain Asda made a near-£600m loss last year during a period of struggle, the company’s new accounts have revealed ...

Supermarket chain Asda made a near-£600m loss last year during a period of struggle, the company’s new accounts have revealed. The Leeds-headquartered business, which is owned and controlled by ...

The Leeds-headquartered supermarket giant has posted a pre-tax loss of £599m for its latest financial year, having reported a ...

Asda slumped back into the red after losing almost £600m in 2024 despite its total sales rising by more than £1bn, it has ...