Back to Search
Start Over
Asda Profit Slides as UK Grocer Battles Stubborn Inflation.
Asda Profit Slides as UK Grocer Battles Stubborn Inflation.
- Source :
- Bloomberg.com; 3/29/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Asda reported a steep decline in earnings, a sign of how Britain's cost-of-living crisis is weighing on supermarket margins. "We took a conscious decision to support customers by investing heavily to mitigate the impact of inflation and keep prices as low as possible", said Mohsin Issa, Asda's co-owner. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 162754176