Supermarket giant Asda has seen like for like sales increase by 1% in 2012. Sale excluding petrol had also been nudged up by 0.1%.
Chief executive of Asda, Andy Clark said “We’re pleased with our results in a tough market. We continued to grow our sales while also investing in holding down the price of essentials, increasing access points to Asda’s value and putting money back in customers’ pockets when they need it the most.”
“Our multichannel, George and general merchandise are all performing well. We have seen online clothing sales growing faster than the market, with our biggest online Christmas ever.”
“But this is no time to be complacent. It’s likely to be a challenging and uncertain year ahead and so we will continue to focus on the customer and adapt the business to their needs. By doing this, I’m confident we have a strong business that can drive growth in a sustainable way.”