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".
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