Asda Sales Fall for Eighth Month Despite Summer Grocery Boom

Asda Cuts Prices but Sales Still Fall as Rivals Pull Ahead

Asda sales fell 0.2 per cent in the 12 weeks to August 9.Tesco, Sainsbury’s and Morrisons all recorded sales growth over the same period.Asda’s market share has edged up, but it remains well behind Tesco and Sainsbury’s.Britain’s supermarkets have had plenty to cheer about this summer. Shoppers spent more as warm weather boosted demand for ice cream, sun cream and other seasonal products, while the wider grocery market continued to grow.Asda, ho…

Asda Sales Fall for Eighth Month Despite Summer Grocery Boom

Asda has reported another decline in sales, making it the only major UK supermarket to go backwards during a summer period that delivered growth across most of the grocery sector.Read More...