September 02, 2014 1:44 PM ET

Food and Staples Retailing

Company Overview of ASDA Group Limited

Company Overview

ASDA Group Limited operates a chain of retail stores in the United Kingdom. It offers fresh meat and fish, eggs, drinks, and food cupboards; and dairy, chilled, bakery, frozen, health and beauty, baby and toddler, laundry and household, pets’, and home and entertainment products. The company also provides home appliances, games and books, furniture, flowers, tires, gifts, and mother’s day gifts; and clothing, baby zone, electrical, music, video, home, outdoor, DIY and motor, sports, beauty, and party products. In addition, it offers credit cards; and motoring, home, and pets’ services. Further, the company provides consoles, pre order games, books, DVDs, and pre-order DVDs; and gaming, music...

ASDA House

Great Wilson Street

Southbank

Leeds,  LS11 5AD

United Kingdom

Founded in 1978

51,292 Employees

Phone:

44 1132 435 435

Fax:

44 1132 418 666

Key Executives for ASDA Group Limited

Chief Executive and President
Chief Information Officer and Business Transformation Director
Managing Director of Clothing Brand George
Age: 56
Head of Trading Academy & Supplier Engagement
Director of Corporate Finance
Compensation as of Fiscal Year 2014.

ASDA Group Limited Key Developments

Asda Reports Sales Results for the Year to Date Ended June 2014

Asda reported sales results for the year to date ended June 2014. The company sales grew 0.5% over the past ten weeks to the end of June, on a like-for-like basis, compared with recent falls at rivals Tesco, Sainsbury's and Morrisons.

Asda Cuts 1,360 Management Jobs

Asda announced to cut 1,360 jobs as part of an overhaul of its store management structure. The move comes two months after the chain, which has 578 UK stores, warned that 4,100 roles were at risk because of a need to reduce the number of back office jobs in favor of more customer-facing roles.

ASDA Group Limited Reports Sales Results for the First Quarter Ended April 20, 2014

ASDA Group Limited reported sales results for the first quarter ended April 20, 2014. For the quarter, the company has reported that like-for-like sales increased 0.1% compared to the same quarter of 2013.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 4, 2014
Co-operative Group Limited, 5 Stores In Marple, Alsager, Pyle, Strelley and Tranent
 

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