Supermarkets Asda and Morrisons keep on track despite upheaval
The UK’s supermarkets have seen the highest sales growth in five years, with Morrisons continuing on track and Asda seeing growth in branded products.
Supermarket sales growth accelerated to 5.0% – the strongest increase since March 2012 - and a stark contrast to the decline of 0.2% seen this time last year.
Asda was reportedly the only retailer to see branded products growing ahead of own label, according to analysis from Kantar Worldpanel for the 12 weeks to 18 June.
Tesco and Waitrose have both posted the highest sa... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
