ASDA Wal-Mart : Who, Where, How Much?
A Corporate Profile
By Corporate Watch UK
Completed November 2004
Who, Where, How Much?
Asda is owned by Wal-Mart Stores (UK) Limited, which in turn is owned by Wal-Mart in the US.
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
ASDA Group Limited
Asda House Southbank
Great Wilson St.
Leeds LS11 5AD
Phone: +44 (0)113 243 5435
Fax: +44 (0)113 241 8666
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.
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.
Andrew Bond is also chairman of property developer Gazeley, also owned by Wal-Mart.
John B Menzer is also a senior officer of Wal-Mart, holding the positions Executive Vice-President and President & CEO of the International Division.
Auditors: Ernst and Young
- Asda Employee Share Schemes Trustee Limited
- Asda Quest Trustees Limited
- Asda Storage Limited
- Asda Stores Limited
- Corinth Services Limited
- Gazeley Holdings Limited
- McLagan Investments Limited
- George Davies Holdings Limited
- APS (Estate Agencies) Limited
- Asda (Number 1) Limited
- Asda Financial Services Limited
- Burwood House Developments Limited
- Company Chemists Association Limited
- The Burwood House Group Limited
- The George Davies Partnership Limited
- Wal-Mart (UK) Limited
[Info from http://amadeus.bvdep.com/]
Wal-Mart Stores Inc
Wal-Mart Stores (UK) Limited
4 Wal-Mart Annual Report, 2003