First quarterly sales growth for Asda in three years
Walmart-owned supermarket Asda has reported its first quarterly sales rise in three years.
Sales excluding fuel rose 1.8% in the second quarter according to Walmart, compared to a 7.5% decline last year.
The Leeds-based grocer was helped by food price inflation and very weak comparative numbers last year.
Walmart said in relation to its UK business that: “Customers are responding to investments in the value proposition as we continue to see sequential improvement in the business.”
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