Asda

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Asda Stores Limited is an American-owned, British-founded supermarket retailer, headquartered in Leeds, West Yorkshire. The company became a subsidiary of the retail corporate giant Wal-Mart after a £6.7 billion takeover in July 1999, and was the second-largest supermarket chain in Britain between 2003 and 2014, by market share.

Besides its core supermarket retail format, the company also offers a number of other products, including financial services and a mobile phone company using the existing network of EE. Asda's marketing promotions are usually based solely on price, and like its parent company, Wal-Mart, Asda promotes itself under the slogan "Save Money. Live Better".

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Asda Stores Limited is an American-owned, British-founded supermarket retailer, headquartered in Leeds, West Yorkshire. The company became a subsidiary of the retail corporate giant Wal-Mart after a £6.7 billion takeover in July 1999, and was the second-largest supermarket chain in Britain between 2003 and 2014, by market share.

Besides its core supermarket retail format, the company also offers a number of other products, including financial services and a mobile phone company using the existing network of EE. Asda's marketing promotions are usually based solely on price, and like its parent company, Wal-Mart, Asda promotes itself under the slogan "Save Money. Live Better".

As a wholly owned division of Wal-Mart, Asda is not required to declare quarterly or half-yearly earnings, but it submits full accounts to the U.S. Securities and Exchange Commission each November.

Subject ID: 36306

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Subject ID: 36306