Asda to raise £568m in store sell-off as sales continue to fall
NegativeFinancial Markets

- Asda plans to raise £568 million through the sale and leaseback of 24 stores and a distribution center, highlighting ongoing struggles with declining sales and market share.
- This development indicates significant financial challenges for Asda, suggesting that despite attempts to enhance customer appeal, the retailer is unable to reverse its downward sales trend.
— via World Pulse Now AI Editorial System
