Asda sees sales fall as 'shockwave' hits supermarkets

Sales at Asda have fallen, hit by what the retailer called "a shockwave" in the supermarket sector. Asda, which is owned by US grocery giant Wal-Mart, said sales at stores open over a year were 1.6% lower in the third quarter, compared with the previous three months. via Pocket http://ift.tt/1sHMFbu