Has Asda’s turnaround run out of steam before it’s left the station?

By Stephen Jones2025-12-05T14:01:00

Asda’s Q3 results made grim reading, and critics have decried ‘appalling’ store standards. Could the plan be too price fixated?

Allan Leighton has compared restoring Asda to its former glory with climbing Mount Everest. But even he would likely admit its ascent is proving harder than anticipated.

Asda’s third quarter results last week made for grim reading. Like-for-like sales fell 2.8% in the three months to 30 September, while total revenues fell 3.7% to £5.1bn excluding fuel.

Has Asda’s turnaround run out of steam before it’s left the station?

Want access to this article?

Register for LIMITED access

Get PREMIUM access for £1 a week