Quarterly sales at supermarket chain tumble 4.5% as Aldi and Lidl continue to capture ever larger share of sectorAsda’s chief executive,Andy Clarke, has said retailers face a tough Christmas, and as the supermarket reported its fifth consecutive quarter of declining sales.
The retailer,owned by Walmart of the US, said sales at established stores dropped 4.5% in the three months to the end of September, or compared with the same period final year. Related: Asda records worst-ever quarterly sales figures Related: Soaring sales at Aldi and Lidl push market share to 10% Continue reading...
Source: theguardian.com