Walmart to help Asda mount market share fightback

A top executive at Asda's parent company has pledged greater support to the chain's recovery efforts after admitting it was slow to respond to the challenge posed by discounters in the UK. Scott Price, chief administrative officer at Walmart International, said the supermarket chain's shoppers would benefit more from Walmart's global buying power to drive down costs and therefore prices at the checkout. Walmart's support would be in addition, Mr Price said, to new chief executive Sean Clarke's p