Asda cuts debt as focus on low prices pays off
Asda has reported a rise in quarterly sales and reduced its debt burden.
Asda, which is controlled by the Issa brothers, generated a 2.8% increase in like-for-like sales in its third quarter when revenues came in at £5.4bn.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.
