THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
The Papers
RETAIL INSIGHTS
RETAIL SOLUTIONS
• The HR Summit 2019
• AI in Retail Conference 2019
• Omnichannel Futures Conference 2020
• Future of Retail Marketing 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Asda like-for-like sales edge up 0.5% in second quarter

Walmart has announced that Asda increased its like-for-like sales by 0.5% in its second quarter. In the three months to 30 June, total sales rose by… View Article

FOOD & DRINK

Asda like-for-like sales edge up 0.5% in second quarter

Walmart has announced that Asda increased its like-for-like sales by 0.5% in its second quarter.

In the three months to 30 June, total sales rose by 1.3%.

Walmart said Asda’s gross margin rate declined in the period following the impact of stronger fuel sales, soft sales in higher margin general merchandise categories, strategic price investments and markdowns. The company added that the results reflect the challenges faced by shoppers due to uncertainty surrounding Brexit.

Looking ahead, Walmart said Asda will be improving its price position over last year and expanding on-shelf availability.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Future of Retail Marketing 2020
Future of Retail Marketing 2020
10 June 2020
Cavendish Conference Centre, London W1G 9DT
The Future of Retail Marketing for Customer Engagement