Retailer faces high debt repayments after selling petrol forecourt business last year
Retailer faces high debt repayments after selling petrol forecourt business last year
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Supermarket struggles with rising interest rates, IT overhaul and ‘challenging trading’
Question marks hang over Rami Baitiéh’s leadership as the supermarket’s sales struggles rage on
The supermarket giant had £3.8 billion in net debt at the end of 2024
Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts
Hedge funds bet against supermarket over fears it would lose industry price war
Sandwich and coffee chain has struggled to win back customers who view it as ‘overpriced’
