Asda sales slide in UK as supermarket bosses blame Brexit concerns

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Asda bosses in the UK have blamed &OpenCurlyDoubleQuote;customer concerns over Brexit” after the supermarket suffered sliding sales over the past three months&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>The UK supermarket chain reported a 0&period;5&percnt; decline in like-for-like sales in the quarter to September 30&comma; as it dipped from 0&period;5&percnt; growth in the previous quarter&period;<&sol;p>&NewLine;<p>Doug McMillon&comma; the boss of Asda owner Walmart&comma; said that Brexit fears &OpenCurlyDoubleQuote;continue to negatively affect customer spending patterns” for the chain&period;<&sol;p>&NewLine;<p>Asda chief executive and president Roger Burnley added that customers have had &OpenCurlyDoubleQuote;little respite” from political and economic uncertainty in recent months&comma; which has influenced spending&period;<&sol;p>&NewLine;<p><&excl;--Ads2--><&sol;p>&NewLine;<p>On Tuesday&comma; data from Kantar said Asda saw sales decline by 1&period;2&percnt; in the 12 weeks to November 3&period;<&sol;p>&NewLine;<p>The big four supermarkets all reported recent declines&comma; according to the data&comma; falling behind rapid growth from German discounter rivals&comma; such as Lidl&comma; which it said saw 8&period;8&percnt; sales growth over the period&period;<&sol;p>&NewLine;<p>Asda and rival Sainsbury’s attempted to counteract the competition of the discounters by agreeing a multibillion-pound merger last year&comma; but the move collapsed after it was blocked by the Competition and Markets Authority &lpar;CMA&rpar; in April&period;<&sol;p>&NewLine;<p>In July&comma; Mr Burnley said Asda could be floated on the stock market in the next two or three years&comma; as Walmart looks to offload the UK business&period;<&sol;p>&NewLine;<p>Despite the slump in total sales&comma; Asda said it saw &OpenCurlyDoubleQuote;strong” online grocery sales over the period&comma; which it claimed was &OpenCurlyDoubleQuote;two times the growth of the overall market”&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;144189" aria-describedby&equals;"caption-attachment-144189" style&equals;"width&colon; 600px" class&equals;"wp-caption aligncenter"><img class&equals;"size-full wp-image-144189" src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2019&sol;11&sol;0C5C805A-A01D-4E2C-9F35-ED14AB5A9257&period;jpeg" alt&equals;"" width&equals;"600" height&equals;"400" &sol;><figcaption id&equals;"caption-attachment-144189" class&equals;"wp-caption-text">Asda chief executive Roger Burnley<&sol;figcaption><&sol;figure>&NewLine;<p>Mr Burnley said the company will &OpenCurlyDoubleQuote;work hard to keep prices low” for customers despite weaker consumer spending&period;<&sol;p>&NewLine;<p>He added&colon; &OpenCurlyDoubleQuote;I am absolutely committed to securing the future of our business for the benefit of our colleagues&comma; our customers and our communities – whatever external challenges we may face&period;<&sol;p>&NewLine;<p><&excl;--Ads3--><&sol;p>&NewLine;<blockquote><p>As we enter the busiest trading period of the year&comma; I am confident that we are ready and raring to go and I would like to take this opportunity to say thank you to every one of our colleagues&comma; who I know will pull out all the stops to make this Christmas extra special for our customers&period;<&sol;p><&sol;blockquote>&NewLine;<p>&OpenCurlyDoubleQuote;Whilst the retail sector continues to face challenges as a whole&comma; I know that Asda is built on strong foundations and is at its best when we are able to work as one team&comma; delivering for our customers&period;”<&sol;p>&NewLine;<p><&excl;--Ads4--><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed5466735e1">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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