Asda blames Q3 slump on IT rollout, as chairman confirms turnaround still on track

Asda chairman Alan Leighton has insisted the supermarket’s turnaround strategy remains intact despite a sharp slowdown in Q3, instead blaming the dip squarely on disruption caused by its transition to the new Future systems platform.
For the quarter ending 30 September, the supermarket giant reported total revenues of £5.1bn (ex-fuel) with like-for-like sales down 2.8%.
The retailer said the decline was “materially” driven by tech disruption as more than 2,500 legacy Walm