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Is Asda’s ambitious turnaround starting to bear fruit?

City A.M. Thursday, 29 May 2025 ()
Is Asda’s ambitious turnaround starting to bear fruit?Asda has had a tumultuous year and a half. Since January 2024, the supermarket giant has undergone numerous leadership changes, IT issues, and sales woes. Its troubles began back in 2021, when it was bought in a debt-fuelled takeover by the billionaire Issa brothers – who have since departed the board – and private equity firm [...]
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