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Asda on track to post first rise in sales for three years

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Asda is expected to serve up its first quarter of positive sales growth in three years this week, giving the supermarket a brief respite from 12 quarters of relentlessly woeful trading.

The Walmart-owned supermarket has been tarnished as the worst performing major grocer as its rivals have been more aggressive in responding to the threat from rapidly expanding discounters Aldi and Lidl.

However, the grocer could report like-for-like sales growth of around 1pc to 2pc for the second quarter, marking a turnaround from the 7.5pc sales slump last year, which was its worst ever result.

Asda will have benefited from the  return of shop price inflation and ­favourable comparisons against last year’s drop, but the supermarket has also been buoyed by new boss Sean Clarke’s efforts to stabilise it.


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