EPISODE · Aug 18, 2026 · 1 MIN
Asda's Grocery Struggle Deepens | Business and Finance News
from Business & Finance News Today | 2 Min News | The Daily News Now!
Asda’s grocery slump continues, with sales down 0.2% over summer — the only major supermarket to dip — while rivals like Tesco, Sainsbury’s, and even discounters Lidl and Aldi surge ahead. Chairman Allan Leighton’s turnaround promises haven’t moved the needle much, as Asda lags behind in market share despite a slight uptick to 11.9%. With inflation slowing and shoppers hunting deals (promotions driving 31% of sales), Asda’s recent performance shows a narrowing decline — their best since March — but recovery remains fragile after posting nearly a billion-pound loss last year. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/81b6819df6ae4241
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Asda's Grocery Struggle Deepens | Business and Finance News
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