Asda, the UK’s third-largest grocery retailer, is expected to complete its separation from Walmart’s technology systems by the third quarter of 2025. Despite being sold to the Issa brothers and TDR Capital in 2021, dependence on Walmart's backend technology persists, with ongoing projects like Project Future aimed at establishing new IT infrastructure. However, this transition has resulted in substantial costs escalating to £430 million. The company is also reducing its workforce by 200 as part of this transformation, which reflects ongoing challenges to regain market competitiveness.
The UK's third-largest grocery retailer, Asda, is on track to complete its separation from Walmart's technology by the third quarter of 2025, involving significant staff cuts.
After being sold by Walmart, Asda has been navigating its 'Project Future', aimed at developing independent IT systems with a budget that has ballooned to £430 million.
Collection
[
|
...
]