Asda boss says ‘long way to go’ in turnaround as sales fall further

Asda boss says ‘long way to go’ in turnaround as sales fall further

The retailer previously said it could take between three and five years to get fully back on track.

Asda reports 5.9% revenue decline in Q1 2025

Asda has reported a 5.9% year-on-year decrease in total revenue, amounting to £5.0bn (excluding fuel) in the quarter ending 31 March 2025.The post Asda reports 5.9% revenue decline in Q1 2025 appeared first on Retail Insight Network.

Asda's Q1 2025 sales drop by 5.9% but supermarket claims 'progress'

The Leeds-headquartered chain has reported a revenue - excluding fuel - of £5bn for the three months to 31 March, 2025, the first quarter of its financial year.

The relaunch of ASDA’s rollback scheme is yet to bear fruit as revenues worsen, says GlobalData

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of ASDA’s figures for the first quarter ending 31st March 2025; Eleanor Simpson-Gould, senior retail analyst at GlobalData, a leading data and analytics company, offers her view: “ASDA is in a precarious position within the UK food & grocery market, with total revenues plummeting 5.…