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 ...

Walmart Inc.'s sale of Asda, its U.K. supermarket chain, is a step closer to gaining the needed approval of that nation's antitrust authority. Asda buyers Zuber and Mohsin Issa and private-equity ...

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 ...

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 ...

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 ...

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 ...

LONDON (Reuters) -Asda, Britain’s third-largest supermarket group, said on Thursday that sales in its current quarter would be dented by disruption linked to the final phase of a major IT overhaul ...

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 ...

Former Asda chief marketing officer Rick Bendel has left Walmart after more than two decades working with the global retail giant. Bendel, who left Asda to take a position working on projects at ...