Asda has said Walmart remains “incredibly supportive” of its effort to extract itself from the US chain and former owner’s IT systems, after reports it will face millions in penalty fines for missing ...

If Asda is unable to move to new systems before the looming deadline, it will face a penalty charge for continued use of Walmart’s technology. Industry sources claim these charges could quickly ...

Asda is “not where it should be” since its takeover by TDR Capital and the Issa brothers, admitted former Walmart international boss Judith McKenna. McKenna led the £6.8bn majority sale of the ...

As the IT handover from Walmart looms, Asda CIO Carl Dawson explains how the business is renewing all of its technology, putting the retailer in the rare position of being able to start from scratch.

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.

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.

British supermarket group Asda ended its 22 years under Walmart ownership with accelerating underlying sales in the Christmas quarter, driven by strong demand for premium ranges. LONDON ...

Walmart has completed its sale of Asda Group Ltd. to private equity firm TDR Capital and the gas station billionaire brothers Zuber and Mohsin Issa. On Tuesday, Walmart said that the parties had ...

Asda has officially become a British-owned retailer again – the first time in 21 years. Last Friday, US retail behemoth Walmart agreed terms for a £6.8 billion sale of a majority stake in the ...

Walmart is selling its UK-based Asda business in a near $9 billion deal, finally marking an end to a continued challenged business. Deal proceeds are very modest, yet investors do not mind the ...

Asda’s acquisition by Walmart in 1999 was meant to give the American behemoth be a bridgehead into Europe, but this ambition never turned into reality.