Asda notches up fourth straight quarter of like-for-like sales growth ahead of Sainsbury’s merger

Credit: Proactive Investors- Published on May 17, 2018
Britain’s third-largest supermarket chain, Asda, has reported a fourth straight quarter of sales growth ahead of its proposed £15bn merger with J Sainsbury plc (LON:SBRY). Asda, which is owned by US retail behemoth Walmart Inc (NYSE:WMT) saw like-for-like sales – a key industry metric – rise 3.4% in the three months ended...

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