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IREU Top500 The Customer Report: 2018

IREU Top500 The Customer Report: 2018

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Asda posts online sales rise of a fifth

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Asda’s online sales rose by more than a fifth in the second quarter of the year, figures from parent company Walmart show.

Sales at the supermarket's internet business were up by 22.1% in the three months to June 30, at a time when its like-for-like sales, excluding fuel, were up by just 0.7% and net sales rose by 3.2%.

Doug McMillon, Walmart international president and chief executive, said Asda had gained market share in the second quarter, according to Kantar Worldwide Panel figures.

“The strongest performances were in grocery, apparel and electronics,” he said. “In addition, our online business in the UK improved its already strong performance, with sales growth of 22.1% in the quarter.”

Andy Clarke, chief executive and president of Asda, said:
“I’m really proud of our performance again this quarter. We have continued to increase our sales and grow ahead of the market through a combination of lowering more prices and driving even harder on product quality. Our ‘real value’ strategy is paying dividends, and enabling us to grow the business in a sustainable way.”

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