Asda Issues Product Update After Rolling Out Major Change to All Stores - Manchester Evening News
Asda completed its £1 billion IT systems upgrade, improving product availability and strengthening like-for-like sales despite a 0.2% revenue decline in Q2, driven by price investments.
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7 Articles
Asda Q2 revenue slips 0.2% year-on-year to £5.3bn – Northern Financial Review
Leeds-based supermarket group Asda said published an update on second quarter trading for the period ending June 30 and reported that “its continued investment to lower prices for customers strengthened volumes and like-for-like sales during the quarter.” Asda said its total revenue for Q2 (excluding fuel) decreased by 0.2% year-on-year to £5.3 billion. On a like-for-like basis, sales declined by 0.2% “representing a 2.9% step on from Q1 and the…
Asda Seeing Improved Performance On Back Of Turnaround Plan
Asda saw a marked improvement in performance during its second-quarter period to 30th June, as investment in lowering prices and improving product availability helped it win back shoppers and strengthen volumes. On a like-for-like basis, group sales declined by just (more…) The post Asda Seeing Improved Performance On Back Of Turnaround Plan appeared first on KamCity.
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