Category : Search result: Asda


Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

Asda sells 24 stores in £568m deal amid debt

Asda sells 24 stores and a depot for £568m in a leaseback strategy to manage its £3.8bn debt pile. The GMB union condemns the move as 'asset stripping'. Read the full details.

Asda raises £568m from supermarket sell-offs

Asda has secured nearly £600m through sale-and-leaseback deals for its stores, using the funds to repay looming debt to former owner Walmart. Discover the supermarket's financial strategy.

Asda sells 24 stores in £568m property deal

Asda is selling 24 supermarkets and a distribution centre for £568m in a sale-and-leaseback deal. No stores will close, and all staff will remain in place. Read more.

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