Asda winning back shoppers with price cuts, figures suggest

Express

Asda winning back shoppers with price cuts, figures suggest"


Play all audios:

Loading...

The UK’s third biggest supermarket, owned by US giant Walmart, has suffered more than big four rivals Tesco, Sainsbury and Morrisons as expanding German chains Lidl and Aldi have increased


their UK market share rapidly.  Asda, whose pre-tax profit fell by nearly 19 per cent to £791.7 million last year, said same-store sales excluding petrol were up 1.8 per cent in the three


months to the end of June after takings jumped by 16 per cent over Easter.  Walmart chief, Doug McMillon, said: “Customers are responding to investments in price and store experience by


visiting more often and increasing their basket sizes.  "There’s still much more to be done but we’re clearly heading in the right direction.” 


Trending News

Jonathan Clark | TheArticle

Jonathan Clark is an historian. At Cambridge he was a fellow of Peterhouse; at Oxford he was a fellow of All Souls Colle...

Jsp chief pawan kalyan asks supporters not to go after critics wanting to sabotage party

Jana Sena Pary chief, actor Pawan Kalyan has asked his fans and supporters to maintain restrain and not to criticise his...

The Week contest: Vax anthem | The Week

This week's question: The Foo Fighters recently played to a capacity crowd of 20,000 vaccinated-only fans at New York's ...

Update 1-us fda finds bacteria in new england compounding drugs

* Bacteria found in lots of steroid, heart drug * Tests for fungus still pending * FDA says findings reinforce contamina...

Manchester united v tottenham: pogba and alli cue up old trafford mood music

Paul Pogba and Dele Alli will pit their elite match-winning capabilities against one another when Manchester United host...

Latests News

Asda winning back shoppers with price cuts, figures suggest

The UK’s third biggest supermarket, owned by US giant Walmart, has suffered more than big four rivals Tesco, Sainsbury a...

Australian Hebrew priestess reclaims ancient women's role, but not everyone agrees

Australian Hebrew priestess reclaims ancient women's role, but not everyone agreesBy Siobhan Hegarty for God Forbid ABC ...

Keeping Pace - Los Angeles Times

Just as several Ventura County theater groups’ ad hoc Neil Simon festival ended, along come a pair of plays by Ken Ludwi...

The West Coast Heat Has Killed Dozens And Hospitalized More In Canada And The U.S. | WFAE 90.7 - Charlotte's NPR News Source

United States & World The West Coast Heat Has Killed Dozens And Hospitalized More In Canada And The U.S. By Jaclyn Diaz ...

agriCULTURED is back for it's second year to celebrate produce and fine foods

AdNewsLocal NewsNewsLocal NewsNews HomeGood morning, Your ContentNewslettersMy saved ListAccountMy AccountLogoutNewsSpor...

Top