ASDA Wal-Mart: Who, Where, How Much?

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Head office

Asda is owned by Wal-Mart Stores (UK) Limited, which in turn is owned by Wal-Mart in the US.

Wal-Mart Stores Inc. 702 S.W.8th Street Bentonville, Arkansas 72716 USA Phone 001 479 273 400 http://www.walmart.com or http://www.walmartstores.com

You can find lots of information, including details of their international operations and some stomach-churning propaganda and greenwash, on Wal-Mart's corporate information website www.walmartstores.com. Its Annual Report can be read at http://media.corporate-ir.net/media_files/irol/11/112761/reports/wmt_040704.pdf

UK Office

ASDA Group Limited Asda House Southbank Great Wilson St. Leeds LS11 5AD

Phone: +44 (0)113 243 5435 Fax: +44 (0)113 241 8666

Website: www.asda.co.uk

Wal-Mart's total net sales from 2004 came to $256 billion – an increase of 12% from the previous year. $47 billion of this came from the international sector, of which 45.6% was from Asda – that's roughly $23 billion.

Board of Directors

  1. Tony Denunzio, CEO

Before coming to Asda, Tony Denunzio worked for Pepsico and L'Oreal. He is currently a non-executive director of the MFI furniture group1, which used to be owned by Asda, and chairs the Retail Strategy Group.[2]

  1. Andrew Bond
  2. David Cheesewright
  3. David Downie
  4. David Smith
  5. David Dible
  6. Harold Scott Jr
  7. John Longworth
  8. John Menzer
  9. Angela Spindler
  10. Judith McKenna
  11. Company Secretary is John Longworth

Andrew Bond is also chairman of property developer Gazeley, also owned by Wal-Mart.[3]

John B Menzer is also a senior officer of Wal-Mart, holding the positions Executive Vice-President and President & CEO of the International Division.[4]

Auditors: Ernst and Young

Subsidiaries and alliances

1. Asda Employee Share Schemes Trustee Limited 2. Asda Quest Trustees Limited 3. Asda Storage Limited 4. Asda Stores Limited 5. Corinth Services Limited 6. Gazeley Holdings Limited 7. McLagan Investments Limited 8. George Davies Holdings Limited 9. APS (Estate Agencies) Limited 10. Asda (Number 1) Limited 11. Asda Financial Services Limited 12. Burwood House Developments Limited 13. Company Chemists Association Limited 14. The Burwood House Group Limited 15. The George Davies Partnership Limited 16. Wal-Mart (UK) Limited

[Info from http://amadeus.bvdep.com/]

Shareholders

Wal-Mart Stores Inc Wal-Mart Stores (UK) Limited

References

1 http://www.mfigroup.co.uk/index.asp 2 http://www.dti.gov.uk/retaildoc/exec.pdf 3 http://www.grocertoday.co.uk/gra_article.aspx?articleid=75186&wordstohighlight=asda 4 Wal-Mart Annual Report, 2003

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