Subscribe Login

Sales At UK Supermarket Asda Fall On Later Easter

By Donna Ahern
Sales At UK Supermarket Asda Fall On Later Easter

Asda, the British supermarket arm of U.S. retail giant Walmart, said underlying sales dipped in its latest quarter, reflecting the later timing of Easter this year.

The group, whose attempt to be taken over by rival Sainsbury's was blocked by Britain's regulator last month, said on Thursday its like-for-like sales fell 1.1% in the three months to 31 March, its fiscal first quarter.

That compares with a rise of 1% in the previous quarter and ends a run of seven straight quarters of growth.


30 Day Free Trial

Try Checkout Magazine Premium

Enjoy full access to Checkout Magazine, our weekly
email news digest, access to all website and app content, and the latest digital
magazine for a full 30 days.

  • - Payment details required during trial sign up.
  • - You may cancel at any time up to the end of the 30-day trial period.
  • - If you continue after the trial period, then the annual rate of €179+VAT will be debited.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.