Asda, the UK’s second-largest grocer, has reported “a good performance” during what it described as a “very tough” Christmas trading period.

Ahead of a week in which rivals Tesco and Sainsbury’s will report sales figures for Christmas, Asda provided a brief update, although without a like-for-like sales number, on how it traded.

The UK arm of Wal-Mart said its “simple, every-day low-price strategy” led to “record footfall” at its stores, while other retailers started promotions early, it said.

“This was a very tough December for retailers with price conscious customers leaving it later than ever before to buy presents and do their big Christmas food shop,” Asda president and CEO Andy Clarke said.

“While some retailers hit the panic button early, at Asda we held our nerve and stuck with our simple strategy of no gimmicks, just every day low prices right across the store and online. It meant that customers trusted us to deliver not only on price, but also quality and good honest value. This translated into record footfall, both in store and online.”

Asda noted 23 December was its “biggest-ever trading day” with 4.8m customers shopping with the retailer.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

On each of the previous two days, Asda’s grocery home shopping site ran up GBP5m (US$8.2m) in sales for the first time.

“We planned for 2013 to be an omni-channel Christmas for food and it was,” Clarke added.

Asda will report its trading figures for the fourth quarter on 20 February. Sainsbury’s will provide an update for its third quarter on Wednesday (8 January). Tesco will issue a “Christmas trading statement” the following day.