Asda loses ground on rivals as turnaround efforts stall

Asda loses ground on rivals as turnaround efforts stall

Asda’s turnaround efforts have stalled after the discount supermarket was the UK’s only major grocer where sales fell last month.  The supermarket chain posted £4bn in total takings in the 12 weeks to 1 November, 0.5 per cent lower than the same time a year ago, according to Worldpanel. The company’s share of the grocery [...]

Asda sales fall 0.5 percent as rivals gain market share

Asda sales fell to 4 billion pounds in the 12 weeks to November as its market share narrowed to 11.3 percent while rivals reported strong growth.

Asda turnaround falters as market share slips to 11.3%

Asda’s turnaround has suffered another setback after it emerged as the only major UK grocer to report falling sales in the latest market figures. The retailer recorded £4bn in sales during the 12 weeks to 1 November, down 0.5 per cent year on year, according to Worldpanel by Numerator data reported by City AM. Its...

Asda turnaround under pressure as market share slips - InternetRetailing

Fresh grocery market data shows Asda was the only major UK supermarket to record a sales decline in the latest 12-week period.