For British grocer Asda, the technological transition following a divorce from Walmart weighs on financial results. Combined with investments on lower prices, this project widened the pre-tax loss to £989 million, while associated disruptions continue to affect 2026 results.
While the British n°3 largest grocer after Tesco and Sainsbury’s posted sales down by 1.5% to £5 billion in Q1 2026, the recent publication of Asda’s Annual Report and Financial Results document for the fiscal year 2025 (by Bellis Finco) gives the financial scale of technological migrations.
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Article authors
Sophie Baqué
Chief Editor of mind Retail