Asda

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Asda Stores Limited
Subsidiary
IndustryRetail
FoundedLeeds, West Yorkshire, England (1965)
HeadquartersLeeds, West Yorkshire, England
Key people
Andy Bond, Chief Executive
ProductsGrocery, General merchandise, financial services
Revenuesee Wal-Mart
£638 m
Number of employees
150,000 (2006)
ParentWal-Mart
Websitewww.asda.co.uk

Asda Stores Ltd. is a British supermarket chain. It sells food, clothing, toys and general merchandise at a very cheap price. It became a subsidiary of the American retail giant Wal-Mart, the world’s largest store,[1] in 1999.[2] It is the largest chain in the UK beating Tesco.[3]

References[change | change source]

  1. "Global powers of retail report - wal mart remains world's largest global retailer - Deloitte & Touche". deloitte.com. Retrieved 7 October 2008.
  2. "Wal-Mart buys Asda in UK retail shock". Eurofood. 17 June 1999. Archived from the original on 8 July 2012. Retrieved 6 April 2008.
  3. "Co-op buys Somerfield for £1.57bn". BBC News Online. BBC. Retrieved 6 October 2008.