Get the app today! Download iPhone App Download Android App

Asda 'Slow To Adapt' To Lower Demand For Non-Food Items, Says Analyst

Published on Feb 19 2020 8:57 AM in Retail tagged: Featured Post / Walmart / Asda / Shore Capital / GlobalData

Asda 'Slow To Adapt' To Lower Demand For Non-Food Items, Says Analyst

Asda has been 'slow to adapt' to declining demand for non-food products in its retail outlets, which is weighing on its performance, a leading retail analyst has said.

Thomas Brereton of GlobalData was commenting following a quarter in which the Walmart-owned grocer posted a 1.3% decline in like-for-like sales, citing "challenging market conditions – particularly in clothing".

Analyst View

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email