UK Supermarket Asda Seeing 'Green Shoots' of Recovery

UK supermarket Asda seeing 'green shoots' of recovery

The boss of British supermarket Asda said he was seeing "green shoots" of recovery after the group slowed the rate of its sales decline in its first quarter, helped by lower prices and better product availability.

Asda Targets Further Price Cuts as UK Grocer Takes Aim at Rivals

Asda has promised to keep slashing prices to widen the gap with rival supermarket chains, as Chairman Allan Leighton seeks to win back customers.

Asda Q1 revenues fall 5.9% to £5bn

Asda has seen its total revenues fall 5.9% year-on-year to £5bn, excluding fuel, for the first quarter to 31 March, but revealed that it is seeing “green shoots” in its sales performance.  While like-for-like sales during the period declined by 3.1%, this represents a 1.1% improvement on the fourth quarter of 2024. The retailer also saw further improvements in its like-for-like performance in May.  At the start of the year, Asda relaunched its R…

Asda 'making good progress' despite sales continuing to fall

The chairman of Asda has said the supermarket giant is “making good progress” despite its sales continuing to fall. The Leeds-headquartered chain has reported a revenue – excluding fuel – of £5bn for the three months to 31 March, 2025, the first quarter of its financial year. The total is a 5.9 per cent decrease year-on-year while its like-for-like sales adjusted for Easter, the four months to the end of April, declined by 3.1 per cent. Asda, wh…

Asda quarterly sales fall but it sees ‘green shoots’ of recovery - Retail Gazette

Asda chair Allan Leighton said he was seeing “green shoots” of recovery in the supermarket’s performance six months into his turnaround plan. The grocer saw first quarter sales excluding fuel fall 5.9% to £5bn in the four months to 31 March. On a like-for-like basis, trading declined 3.1% – representing a 1.1% improvement compared to the final quarter of last year. Leighton launched a price war against its rivals at the start of the year to kick…

Asda sees ‘green shoots’ of recovery as turnaround continues - Grocery Gazette - Latest Grocery Industry News

Asda chair Allan Leighton said the supermarket chain was making “green shoots” in its recovery as it recorded a small improvement in quarterly sales. The grocer reported sales excluding fuel…