Asda blames major IT transition for Q3 2025 sales fall as availability recovers

Asda’s Q3 sales fall 2.8% as retailer banks on turnaround strategy - InternetRetailing

Asda has reported a 2.8% drop in like-for-like sales for Q3, with revenue (excluding fuel) at £5.1 billion. The retailer stressed that this was the result of its IT separation project, Project Future, which it described in its Q3 trading update as “one of the largest and most complex IT projects undertaken by any European retailer.” While systems have now stabilised and availability is back above 95%, Asda does not expect to regain its Q2 positi…

Asda blames major IT transition for Q3 2025 sales fall as availability recovers

Asda reported a decline in underlying sales for Q3 25, attributing it to widespread operational disruption following a major tech overhaul.The post Asda blames major IT transition for Q3 2025 sales fall as availability recovers appeared first on Retail Insight Network.