You are here

Asda's Q1 sales down 3.9%, worst quarterly showing in more than 5 years

Thursday, May 21, 2015 - 05:50


ASDA, the British arm of US retailer Walmart, reported its worst quarterly sales fall in more than five years on Tuesday, but insisted its long-term strategy was the right one.

Asda, ranked second by annual revenue behind Tesco among British supermarkets, has been hit by an

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom