Asda and Morrisons’ private equity owners raise £6.5bn in property deals

Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts ...
Diginomica

Asda puts ServiceNow ‘at the heart of everything’ as the retail giant splits from Walmart

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 ...
U.S. News & World Report

UK's Asda Warns of Sales Hit From Completion of Walmart IT Separation

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 ...
AOL

Has Asda’s painful divorce from Walmart led to its terminal decline, or can boss Allan Leighton turn the grocer around?

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 ...
Reuters

Asda to rely on Walmart largesse after Sainsbury's dream expires

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 ...
SDxCentral

UK retailer Asda delayed planned IT systems upgrade

UK retailer Asda temporarily opted not to go ahead with its previously planned IT systems shift. First reported by The Register, the company had intended to introduce new systems at its smaller stores ...