Asda is a chain of supermarkets in the United Kingdom offering food, clothing and general merchandise products. It became a subsidiary of the American retail giant Wal-Mart in 1999, and is currently the second largest chain in the UK after Tesco.
ASDA is Wal-Mart's largest overseas subsidiary, accounting for almost half of the company's international sales. As of January 2006, there were 21 ASDA/Wal-Mart Supercentres, 243 ASDA superstores, 37 ASDA supermarkets (including town centres), 5 ASDA Living stores, 10 George clothing stores and 24 depots (distribution centres) - 340 in total. ASDA has 150,000 employees, who it refers to as "colleagues" (90,000 part-time, 60,000 full-time).
The company is also engaged in property development through its subsidiary company, Gazeley Properties Limited.
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Last Updated ( Wednesday, 19 March 2008 )
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