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Retail - Quarterly Report

Asda Sees Like-For-Like Sales Decline Of 1.9% In Q2

Asda Sees Like-For-Like Sales Decline Of 1.9% In Q2

UK retailer Asda has posted a 1.9% year-on-year decline in like-for-like sales in the second quarter of its financial year.

Walmart Expects Smaller Profit Drop As Discounts Drive Demand

Walmart Inc has forecast a smaller drop in full-year profit than previously projected, after deep discounts to clear excess merchandise and a drop in fuel...