Thursday, 16 November 2017

UK supermarket chain Asda sales continue to increase

UK supermarket chain Asda has reported a rise in sales for the second quarter in a row, although the rate of the increase slowed.

The retailer, which is owned by US giant Walmart, said like-for-like sales rose by 1.1% in the third quarter of the year.

However, this was lower than the previous quarter's growth of 1.8%.

Asda chief executive Sean Clarke said the market would continue to be challenging into next year.

However, he added the chain had "clear plans and a renewed level of confidence".

BBC     News.

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