Home Business News Asda sees sales growth in second quarter

Asda sees sales growth in second quarter

by LLB Reporter
15th Aug 19 2:11 pm

Supermarket giant Asda has seen higher sales growth in the second quarter despite retailers facing a challenging market.

Total sales were up by 1.3% in the three months to 30 June and comparable sales slightly rose by 0.5%, excluding fuel.

Chief executive and president Roger Burnley said, “If ever a case study on the impact the mood of the nation has on UK spending habits were needed, this quarter has provided it.

“Consumer confidence levels are at an almost six-year low, due in no small part to the ongoing uncertainty around Brexit and amplified by the impact of weather and tracking against national sporting events in the same period last year.

“As a result, our non-food business has been challenged during the period, however we’re satisfied that our food business has continued to perform well, and our online growth continues to outpace the market.”

The supermarket spent £22m refurbishing nine stores and across 25 stores Asda rolled out the scan and go mobile option.

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