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Asda Stores Limited
Company typeSubsidiary
FoundedLeeds, West Yorkshire, England (1965)
HeadquartersLeeds, West Yorkshire, England
Key people
Andy Bond, Chief Executive
ProductsGrocery, General merchandise, Financial services
Revenuesee Walmart
£638 m
Number of employees
150,000 (2006)

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 Walmart, the world’s largest store,[1] in 1999.[2] It was the second largest chain in the UK until 2014. It is now the third biggest in the UK.[3][4][5]

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.[permanent dead link]
  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. 16 July 2008. Retrieved 6 October 2008.
  4. "Sainsbury's falls behind Asda to become UK's third biggest supermarket chain". The Guardian. 2 April 2019. Retrieved 8 April 2019.
  5. "Market share of grocery stores in Great Britain for the 12 weeks ending March 29, 2015". Statista. Archived from the original on 17 January 2014.