British retailer Asda's customers fear economic depression

LONDON (Reuters) - British supermarket group Asda got a sales boost in the first quarter from consumers stocking up before the coronavirus lockdown but it also highlighted that 90% of its shoppers now fear an economic depression.The company, whose attempt to combine with rival Sainsbury's was blocked by the regulator last year, said on Tuesday its like-for-like sales, excluding petrol, increased 3.5% in the quarter to March 31, having fallen 1.3% in the previous quarter.Asda, owned by the..