It's all systems go for Asda's £1bn tech upgrade

Leeds-based retailer Asda says recent sales have been knocked by “temporary disruption” to product availability following its delayed IT systems upgrade.

- by Harriet Sutton

But boss Allan Leighton said he has seen a “clear improvement” in performance at the UK’s third-largest supermarket chain as it pushes forward with a major turnaround strategy.

The company said that, as of Thursday morning, it had finished rolling out its £1 billion Project Future upgrade of its IT systems in all stores and food depots, which Mr Leighton said was potentially the “biggest IT systems change, certainly in Europe, maybe ever. The cost is material, but largely that is now behind us”.