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

Supermarket still losing market share despite effort under Allan Leighton to win over customers with price cuts Asda is selling off 24 stores and a distribution centre – and leasing them back – to raise £568m in what has been called a “sign of weakness” as sales at the heavily indebted retailer continue to fall.The Leeds-based supermarket group, which is expected to release its quarterly results next week, has continued to lose market share to rivals as sales have g