Media Bites 26 June: Asda £600m loss, M&S slowdown and a strawberry sandwich

asda basket 33

Source: The Grocer

News that Asda reported an almost £600 million loss last year was widely reported in yesterday’s papers

News that Asda reported an almost £600 million loss last year was widely reported in yesterday’s papers, with The Financial Times attributing the troubled supermarket’s troubles to ”weak trading, a costly IT upgrade and asset writedowns”.

 

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