LONDON, Feb 21- Asda, the British supermarket arm of Wal-Mart, said it had stemmed the pace of sales decline over the last three months, suggesting new CEO Sean Clarke's focus on pricing and product quality is starting to have an impact. Of Britain's big four grocers, which also include market leader Tesco, Sainsbury's and Morrisons, Asda has been most exposed to the...
LONDON, Feb 21- Asda, the British supermarket arm of the world's largest retailer Wal-Mart, reported on Tuesday a tenth straight quarter of falling underlying sales, although the rate of decline did ease significantly. The UK's third largest grocer, which brought in a new chief executive last July in an attempt to revive its fortunes, said sales at stores open over...
LONDON, Feb 21- Asda, the British supermarket arm of Wal-Mart, the world's largest retailer, reported on Tuesday a tenth straight quarter of falling underlying sales, though the rate of decline did ease significantly. The UK's third largest grocer, which brought in a new chief executive last July in an attempt to revive its fortunes, said sales at stores open over a...
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