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Asda

From Simple English Wikipedia, the free encyclopedia

Asda Stores Limited
Company typeSubsidiary
IndustryRetail
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)
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 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.