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.” This comes following the news that ... 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...
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