Asda CEO: Britain 'Stuck in Reverse', IT Issues Hurt Sales

Asdas CEO, Allan Leighton, slams UKs economic policies, citing IT system issues as a major setback. Leighton expresses frustration over lack of growth and productivity, blaming rising business rates and wages. Asdas sales drop, market share shrinks, and Leighton warns of potential takeover by discount retailer Aldi.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.