Walmart is the American company that actually owns the British supermarket chain Asda. Walmart acquired Asda in 1999, making it a subsidiary of the retail giant. Asda is one of the largest supermarket chains in the UK, with hundreds of stores across the country.

Walmart's acquisition of Asda was a strategic move to expand its presence in the UK market. Asda has a strong reputation for offering low prices and a wide range of products, making it a popular choice for British shoppers. By acquiring Asda, Walmart was able to tap into the UK market and compete with other major supermarket chains.

Walmart's ownership of Asda has brought about changes to the supermarket chain, including the introduction of Walmart's signature low-price strategy. This has helped Asda maintain its competitive edge in the UK market and attract more customers.

For more information on Walmart's ownership of Asda, you can visit the official Walmart website at corporate.walmart.com. Here, you can find information on Walmart's global operations, including its subsidiaries such as Asda.

Overall, Walmart's ownership of Asda has been beneficial for both companies. Asda has been able to leverage Walmart's resources and expertise to improve its operations and offerings, while Walmart has been able to expand its presence in the UK market.

So next time you're shopping at Asda, remember that it is actually owned by the American retail giant Walmart. And if you want to learn more about Walmart's ownership of Asda, be sure to check out their official website for more information.

Sign Up