Easter timing blamed for Asda’s sales falling for first time in two years

Asda has reported its first sales decline in two years, blaming timing differences caused by the late Easter period. The Leeds-headquartered supermarket is already on the back foot following the collapse of its planned merger with Sainsbury's, but has been backed by owners Walmart. Walmart chief executive Doug McMillon said: "We are disappointed that the proposed merger of Asda with Sainsbury’s isn’t happening because it would’ve been good for customers and the businesses. “Asda continues to focus on delivering again... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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