Supermarkets
Asda profits fall 24% to £886m amid attempts to mitigate inflation
Asda said that it dropped the price of more than 100 popular branded and own-branded lines by an average of 12%
Asda has revealed its full-year profits declined 24% to £886m during the 52-week period ending 31 December due to its attempts to mitigate inflationary pressures for customers.
You'll need to
subscribe to unlock this content. Already subscribed? Login?