PROFILE |
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ASDA Group offers consumers everything from frankfurters to Frank Sinatra. Owned by Wal-Mart Stores, ASDA is the UK's third-largest food retailer (behind Tesco and Sainsbury). It operates about 240 large stores (averaging more than 55,000 sq. ft.) that primarily sell groceries and apparel (including its George brand). The stores also sell CDs, books, videos, and items for the home. It offers American, Chinese and Mexican take-out meals. Since being bought by Wal-Mart, ASDA has set off a price war in the UK by initiating Wal-Mart's aggressive "price-rollback" program and is converting some stores to Wal-Mart's supercenter format under the ASDA-Wal-Mart banner. ASDA's Gazeley unit develops property.
COMPETITION |
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J Sainsbury plc (JSNSY)
Safeway plc (SFW)
Tesco PLC (TSCDY)
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FINANCIAL OVERVIEW |
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2000 Sales (mil.): 15,000.00
1-Yr. Sales Growth: 13.6%
Employees: 100,000
Revenue per employee: $150,000.00
KEY PEOPLE |
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Dave Ferguson
CEO
Tony DeNunzio
CFO
CONTACT INFO |
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ASDA House, Southbank, Great Wilson St.
Leeds LS11 5AD, United Kingdom
Phone: 44-113-243-5435
Fax: 44-113-241-8666
Online: Web Site
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