Asda sales continue to tumble in third quarter

Asda sales continue to tumble in third quarter
 

Asda's torrid year has continued as the supermarket reported another big slide in sales in the third quarter.
Sales excluding fuel at stores open for more than a year fell 5.8% in the three months to September.
That was slightly better than the 7.5% slide reported by the supermarket for the three months to June - its worst quarterly performance.
The results are the first under new chief executive Sean Clarke, who took over on 11 July.
He said: "We have lowered thousands of prices, improved hundreds of own-brand products and invested in more hours for colleagues on the shop floor - so... read more

 
17 November 2016 in Business, Views: 40
Source: BBC
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