Nationality
British
Chairman
Lord Rose
Sector / Main Business Area
Asda Stores Ltd. is a British supermarket, counted as being one of the “Big Four” UK supermarkets along with Tesco, Sainsbury’s and Morrisons
Listed / Private
Private
Competitors
Include Tesco, Sainsbury’s
Fun fact(s)/Brand(s)
Asda was majority owned by Walmart since 1999 who then sold most of it to EG Group and private equity firm TDR Capital in October 2020. Walmart retains a stake in Asda, a seat on the board and “an ongoing commercial relationship”. Bonus fun fact: when Stuart Rose was appointed in November 2021, he became the supermarket’s first dedicated chairman in more than 20 years!
Last reviewed/editedÂ
20th April 2022 PW