Asda returns to growth after more than two years
CEO Allan Leighton says lower prices and an improved online service are attracting more shoppers Asda has heralded its first quarterly growth in more than two years as the supermarket’s...
By Sarah Butler · The Guardian World
CEO Allan Leighton says lower prices and an improved online service are attracting more shoppers Asda has heralded its first quarterly growth in more than two years as the supermarket’s boss said it was attracting more shoppers with lower prices and an improved online service. Allan Leighton, executive chair of the UK’s third-largest grocer, said a 0.2% rise in sales at established stores, excluding fuel, in the three months to the end of June was “a huge milestone” which was “psychologically important for the business”. In the previous quarter sales fell 2.3%. Continue reading...