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Sales at Britain's Asda fall 4.5 pct in third quarter
2015年11月17日 / 中午12点25分 / 2 年前

Sales at Britain's Asda fall 4.5 pct in third quarter

LONDON, Nov 17 (Reuters) - Sales at food retailer Asda fell for a fifth straight quarter, the company said on Tuesday, confirming it as the worst performer of Britain’s big four grocers, which are being hurt by a price war triggered by the rise of discounters.

Asda, owned by Wal-Mart, said sales at stores open over a year fell 4.5 percent in the 13 weeks to Sept. 30, its fiscal third quarter.

That compares with a drop in the second quarter of 4.7 percent, the worst performance in Asda’s 50-year history and one which Asda chief executive Andy Clarke described as the firm’s “nadir.” (Reporting by James Davey. Editing by Jane Merriman)

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