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.