Asda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
The retailer said its George back-to-school campaign had its “best start” with store sales up 88% year-on-year in the first two weeks.
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