{"id":7681,"date":"2019-02-19T16:09:24","date_gmt":"2019-02-19T16:09:24","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/asda-sales-growth-slows-amid-challenging-trade\/"},"modified":"2019-02-19T16:09:24","modified_gmt":"2019-02-19T16:09:24","slug":"asda-sales-growth-slows-amid-challenging-trade","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/asda-sales-growth-slows-amid-challenging-trade\/","title":{"rendered":"Asda sales growth slows amid ‘challenging’ trade"},"content":{"rendered":"\n
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\n Reuters<\/span><\/p>\n

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Supermarket chain Asda has reported a slowdown in sales growth amid another “challenging year” for retailers.<\/p>\n

In the final three months of 2018, like-for-like sales grew 1%, compared with a 2% rise in the previous quarter.<\/p>\n

Asda chief executive Roger Burnley said that Brexit uncertainties were “playing on our customers’ minds”.<\/p>\n

Asda and rival Sainsbury’s are waiting for the preliminary results of a UK competition probe into their proposed merger.<\/p>\n

The UK’s competition regulator is looking into whether the proposed merger would leave shoppers facing higher prices or less choice.<\/p>\n

Despite the slowdown, this was still the seventh consecutive quarter of sales growth for Asda, which has been outpacing its potential partner. In January, Sainsbury’s reported a 1.1% fall in like-for-like sales<\/a> for the comparable period.<\/p>\n