What Is Asda’s Future? — Reuters

Walmart may, for the time being, hang on to Asda after its proposed acquisition by Sainsbury’s. It turns out that Walmart’s UK store is “performing well”:

“Asda has reported seven consecutive quarters of like-for-like sales growth, thanks to a strategy focused on lower prices, more innovation in own-brand products, better store standards and improvements in its e-commerce operations.”

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