Supermarket struggles with rising interest rates, IT overhaul and ‘challenging trading’
Supermarket struggles with rising interest rates, IT overhaul and ‘challenging trading’
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Supermarket piles pressure on food and drink brands in battle to win back shoppers
The supermarket giant had £3.8 billion in net debt at the end of 2024
Retailer faces high debt repayments after selling petrol forecourt business last year
Coca-Cola plans to sell the high street cafe chain at £1.9bn loss amid drop in drink sales
The retailer has spent four years disentangling its computer systems from former owner Walmart
The industry data suggests that despite Asda embarking on a turnaround, it has been losing ground to rivals.
