Asda's sales up in first quarter

 - Published:  17 May, 2007

Asda has reported that total sales for the first financial quarter of the year were up in the low double digits

, and like-for-like sales have continued to strengthen with mid single digit growth. This is the fourth successive quarter that Asda's like-for-like sales have accelerated.

The supermarket attributed its improved performance to a significant increase in the number of customers shopping in its stores, a broader range of products and a continued focus on lowering prices.

Andy Bond, Asda president and chief executive said: "I'm delighted with these figures as they show our common sense approach to retailing is paying dividends. The combination of lower prices, broader product ranges, cleaner stores, and shorter queues is a simple, but winning formula. It's not rocket science, but it's exactly what people want, that's why we've attracted a million more customers in the last year."





Comments


News, Events and Promotions
Find Suppliers, Manufacturers and Ingredients

Find your local butcher by postcode

Industry News Roundup
Have Your Say

Will the new FSA guidelines on E.coli damage butchers' businesses?

  • Yes
  • No
  • Maybe
Events Calendar

 

 

© William Reed Business Media Ltd 2012. All rights reserved. Registered Office: Broadfield Park, Crawley, RH11 9RT.
Tel: +44 (0) 1293 613400 Registered in England No. 2883992 VAT No. 644 3073 52.

Privacy & Cookie Policy | Terms & Conditions