Asda is still the U.K.'s third biggest supermarket but the discounters threaten its position. (Photo by Matt Cardy/Getty Images) It once copied the Walmart playbook so well that Walmart came in and ...

Add Yahoo as a preferred source to see more of our stories on Google. Walmart has completed its sale of Asda Group Ltd. to private equity firm TDR Capital and the gas station billionaire brothers ...

LONDON, May 10 (Reuters) - Asda will be scrutinised for clues on whether U.S. owner Walmart wants to line it up for sale or to compete longer term in the cut-throat British grocery market when it ...

Back in November, Allan Leighton, the former CEO who has now returned as executive chairman, went on record as saying that it could take three to five years to revive British supermarket chain Asda ...

Asda’s VP of Digital and Technology, Rob Barnes, explains how the divorce from its US owner Walmart has presented both opportunities and challenges. Asda is one of the largest supermarket chains in ...

The appointment of long-time Asda executive Andy Clarke as chief executive of the supermarket operator suggests that US parent Wal-Mart is seeking strategic continuity at its UK arm, despite recent ...

Walmart (WMT) on Wednesday confirmed it is in talks to sell a controlling stake in Asda. The world’s largest retailer said it had received “inbound interest” from several parties about acquiring a ...

That Asda, the UK arm of Wal-Mart and the country’s second-largest retailer, is keen to open smaller stores is well-known throughout the industry. That Asda would buy the UK stores of discount chain ...