LONDON May 18 Asda, the British supermarket arm
of Wal-Mart, the world's largest retailer, said on
Thursday its rate of sales decline eased slightly in its latest
quarter as a new management team started to make its mark.
The UK's third largest grocer after market leader Tesco
and No. 2 Sainsbury's said sales at stores
open over a year fell 2.8 percent, excluding fuel, in its fiscal
That compared to a decline of 2.9 percent in the previous
"When normalizing for Leap Day last year and a later Easter,
we continued to see sequential improvement in comp sales,"
It said Asda was beginning to see improved customer traffic
numbers and basket sizes as strategic investments were made.
(Reporting by James Davey; editing by Costas Pitas)