Walmart has found new buyers for Asda, its last major outpost in Europe. The company said on Friday it was selling a majority stake to private equity firm TDR Capital and the founders of a global ...

Walmart will sell a majority stake in the UK-based grocery retailer Asda to the Issa brothers, the co-CEOs of EG Group, and TDR Capital for an enterprise value of $8.8 billion. The Issa brothers and ...

UK grocery chain Asda has finally completed Project Future, its multi-year, £1 billion IT transformation push to separate more than 2,500 systems from former owner Walmart, with all stores, food ...

Britain's Issa brothers and private equity group TDR Capital must address the competition regulator's concerns that their ...

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 ...

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 ...

Signs that the Issa brothers are out of their depth in the cut-throat world of supermarkets are there for all to see.

LONDON (AP) — A U.K. court has ruled against Walmart-owned Asda in a decision that could have ramifications for equal pay in the private sector. The Court of Appeal said Thursday that lower-paid shop ...

LONDON (Reuters) - Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 ...

UK retailer Asda temporarily opted not to go ahead with its previously planned IT systems shift. First reported by The Register, the company had intended to introduce new systems at its smaller stores ...

An American tourist in Asda wowed Brits after showcasing the differences between US and UK supermarkets. Amber Kacherian, a content creator who posts on TikTok as @amberkacherian, stunned viewers with ...