Asda ‘grocery sales up in good October’


 
Asda had a strong October thanks to increased grocery and clothing sales, its American parent company Wal-Mart said today.

But the retail giant refused to go into detail and give any figures concerning Asda’s performance during the month.

Mike Duke, vice chairman at Asda, said: “Asda had another strong month as a result of increased customer count.”

The company added that Halloween merchandise was “ahead of expectations”, alongside higher food sales.

Asda is set to reveal its third-quarter sales figures on 13 November. Wal-Mart’s international net sales fell by 5.9% to $6.8bn (£4.28bn) in the four weeks until 31 October.

But net sales in the US rose by 5.3% to £11.59bn, Wal-Mart revealed.

Documents filed at Companies House this week said Asda’s profits in 2007 were hit by Office of Fair Trading probes into price-fixing on milk and tobacco.

The retailer has also said in the past month that it will look to double the number of products it stocks that are locally sourced.

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