11/18/2008

Andy Bond, CEO of ASDA, the second-largest food retailer in Britain, says a return to business basics -- good products at good prices -- will help ease the pain of the looming recession. Bond also said the economic downturn offered an opportunity for sustainability efforts. He said that although 2009 likely will be a tough year for the industry, supermarket giants have an obligation to "deliver good, honest value".

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