Editing Asda (section)

{{short description|British supermarket chain}}
{{About|the British supermarket chain|other uses|Asda (disambiguation)}}
{{Use British English|date=January 2013}}
{{Use dmy dates|date=March 2025}}
{{Infobox company
| name = Asda Stores Limited
| logo = Asda Logo 2024 Dark Green.svg
| logo_caption = Logo used since 2024
| area_served = United Kingdom
| image = Asda House, Leeds (19th July 2014) 001.JPG{{!}}border
| image_caption = Asda House in Leeds, the supermarket's headquarters
| trade_name = Asda
| industry = Retail
| former_name = {{Ubl
| Associated Dairies & Farm Stores (Leeds) Limited<ref>{{cite web |date=19 February 1949 |title=Incorporation |url=https://find-and-update.company-information.service.gov.uk/company/00464777/filing-history/MzAzNDgzMzZhZGlxemtjeA/document?format=pdf&download=0 |access-date=30 August 2023 |website=[[Companies House]]}}</ref>
| Associated Dairies Limited<ref name="CompaniesHouse">{{cite web |date= |title=Asda Stores Limited overview – Find and update company information |url=https://find-and-update.company-information.service.gov.uk/company/00464777 |access-date=30 August 2023 |website=[[Companies House]] |archive-date=30 August 2023 |archive-url=https://web.archive.org/web/20230830142807/https://find-and-update.company-information.service.gov.uk/company/00464777 |url-status=live }}</ref>
}}
| type = [[Privately held company|Private]]
| foundation = {{Start date and age|1949|2|19|df=yes}}<ref name="CompaniesHouse" /> in [[Knottingley]], [[West Riding of Yorkshire]], England
| founders = {{Ubl
| Peter Asquith
| Fred Asquith<ref>{{cite web |url=https://corporate.asda.com/our-story/our-history |title=Our History – ASDA Corporate |work=Corporate |publisher=Corporate.asda.com |access-date=8 February 2019 |archive-date=16 July 2021 |archive-url=https://web.archive.org/web/20210716121909/https://corporate.asda.com/our-story/our-history |url-status=live }}</ref>
| Sir [[Noel Stockdale]]<ref>{{cite news |url=https://www.telegraph.co.uk/news/obituaries/1453806/Sir-Noel-Stockdale.html | url-access = subscription |title=Sir Noel Stockdale |work=The Daily Telegraph |date=9 February 2004 |access-date=8 February 2019 |archive-date=18 October 2023 |archive-url=https://web.archive.org/web/20231018161122/https://www.telegraph.co.uk/news/obituaries/1453806/Sir-Noel-Stockdale.html |url-status=live }}</ref>
}}
| location = [[Leeds]], [[West Yorkshire]], England
| locations = 1,106 (2025)<ref>{{cite news|url=https://storelocator.asda.com/directory|access-date=13 February 2025|title=Store Locator|publisher=ASDA Group Limited|archive-date=11 December 2023|archive-url=https://web.archive.org/web/20231211092627/https://storelocator.asda.com/directory|url-status=live}}</ref>
| key_people = [[Allan Leighton]] (chairman)
| products = {{Ubl
| Grocery
| [[General merchandise]]
| [[Financial services]]
}}
| brands = [[Leon Restaurants]]
| revenue = {{increase}} [[Pound Sterling|£]]21.9&nbsp;billion (excluding fuel, 2023)<ref name="proa-afr23">{{cite news |title=Debt-laden Asda publishes delayed financials |url=https://www.proactiveinvestors.co.uk/companies/news/1045772/debt-laden-asda-publishes-delayed-financials-1045772.html |access-date=6 January 2025 |work=Proactiveinvestors UK |date=22 April 2024}}</ref>
| operating_income = {{increase}} >[[Pound Sterling|£]]1&nbsp;billion (2023)<ref name="proa-afr23"/>
| services = {{Ubl
| Asda Living
| [[Asda Mobile]]
| Asda Money
| Asda Rewards
| [[George (fashion label)|George]]
}}
| num_employees = 145,000 (2022)<ref>{{cite web|url=https://corporate.asda.com/our-story/company-facts|title=Asda Stores Ltd, Company facts|publisher=ASDA Stores Limited|date=25 April 2022|access-date=29 March 2018|archive-date=28 May 2023|archive-url=https://web.archive.org/web/20230528215835/https://corporate.asda.com/our-story/company-facts|url-status=live}}</ref>
| owner = {{Ubl
| [[TDR Capital]] (67.5%)
| [[Mohsin Issa]] (22.5%)
| [[Walmart]] (10%)
}}
| divisions = {{Ubl
| Asda Living
}}
| subsid = {{Ubl
| [[Asda Mobile]]
| Asda Money
| [[Leon Restaurants]]
}}
| homepage = {{URL|https://asda.com}}
}}
[[File:Asda House, Leeds (19th July 2014) 003.JPG|thumb|A bust of co-founder Peter Asquith outside Asda House in [[Leeds]]]]
'''Asda Stores Limited''' ({{IPAc-en|'|æ|z|d|ə}}), [[trading as]] '''Asda''' and often styled as '''ASDA''', is a British [[supermarket]] and [[petrol station]] chain. Its headquarters is in [[Leeds]], England.<ref>{{cite web |url=http://your.asda.com/section-contact-asda |title=Contact the right service team |publisher=Asda |access-date=20 June 2010 |archive-url=https://web.archive.org/web/20100722100737/http://your.asda.com/section-contact-asda |archive-date=22 July 2010 |url-status=dead }}</ref> The company was incorporated as Associated Dairies and Farm Stores in 1949. It expanded into [[Southern England]] during the 1970s and 1980s, and acquired [[Allied Carpets]], 61 large [[Gateway Supermarket]]s and other businesses, such as [[MFI (retailer)|MFI]]. It sold these acquisitions during the 1990s to concentrate on the supermarkets. It was listed on the [[London Stock Exchange]] until 1999 when it was acquired by [[Walmart]] for £6.7&nbsp;billion. Asda was the second-largest supermarket chain in the [[United Kingdom]] between 2003 and 2014 by market share, at which point it fell into third place.<ref>{{cite news |first1=Mark |last1=Sweney |url=https://www.theguardian.com/business/2019/apr/02/sainsburys-asda-uk-supermarket-aldi-lidl |title=Sainsbury's falls behind Asda to become UK's third biggest supermarket chain |date=2 April 2019 |work=[[The Guardian]] |access-date=8 April 2019 |archive-date=31 March 2020 |archive-url=https://web.archive.org/web/20200331090640/https://www.theguardian.com/business/2019/apr/02/sainsburys-asda-uk-supermarket-aldi-lidl |url-status=live }}</ref><ref name="ASDA Second">{{cite news |title=Market share of grocery stores in Great Britain for the 12 weeks ending March 29, 2015 |work=[[Statista]] |url=http://www.statista.com/statistics/279900/grocery-market-share-in-the-united-kingdom-uk/ |archive-url=https://web.archive.org/web/20140117022207/http://www.statista.com/statistics/279900/grocery-market-share-in-the-united-kingdom-uk/ |url-status=dead |archive-date=17 January 2014 }}</ref> As of January 2025 its market share in the UK is 12.6 per cent.<ref name=":4">{{cite web |last=Louis |first=Yasmeen |date=4 February 2025 |title=Lidl and Ocado thrive as Asda's market share slumps |url=https://www.grocerygazette.co.uk/2025/02/04/lidl-ocado-thrive-asdas-slump/ |access-date=10 February 2025 }}</ref>

Besides its core supermarkets, the company also acts as a [[White-label product|white label]] payment card provider offering assistance for insurance and payment services under the Asda Money brand and also has a [[mobile virtual network operator]].

In February 2021, the [[Issa brothers]] and [[TDR Capital]] acquired Asda, with Walmart retaining "an equity investment" in Asda, a seat on the board and "an ongoing commercial relationship".<ref name=":0">{{cite web|title=Issa Brothers and TDR Capital Complete the Acquisition of Asda from Walmart|url=https://corporate.walmart.com/newsroom/2021/02/16/issa-brothers-and-tdr-capital-complete-the-acquisition-of-asda-from-walmart|url-status=live|access-date=6 April 2021|website=corporate.walmart.com|archive-url=https://web.archive.org/web/20210216224431/https://corporate.walmart.com/newsroom/2021/02/16/issa-brothers-and-tdr-capital-complete-the-acquisition-of-asda-from-walmart |archive-date=16 February 2021 }}</ref> The deal came after an acquisition by [[Sainsbury's]] was rejected by the [[Competition and Markets Authority]].<ref name=issa2>{{cite news | url=https://www.standard.co.uk/business/leisure-retail/issa-brothers-and-tdr-capital-asda-b920013.html | title=Issa brothers and TDR Capital complete purchase of supermarket chain Asda | first=Joanna | last=Bourke | work=[[Evening Standard]] | date=17 February 2021 | access-date=19 February 2021 | archive-date=18 October 2023 | archive-url=https://web.archive.org/web/20231018155619/https://www.standard.co.uk/business/leisure-retail/issa-brothers-and-tdr-capital-asda-b920013.html | url-status=live }}</ref><ref name=issa>{{cite news | url=https://markets.businessinsider.com/news/stocks/issa-brothers-complete-%C2%A36-8bn-acquisition-of-asda-from-walmart-9816775 | title=Issa brothers complete £6.8bn acquisition of Asda from Walmart | work=[[Business Insider]] | date=16 February 2021 | access-date=19 February 2021 | archive-date=23 November 2021 | archive-url=https://web.archive.org/web/20211123171721/https://markets.businessinsider.com/news/stocks/issa-brothers-complete-%C2%A36-8bn-acquisition-of-asda-from-walmart-9816775 | url-status=dead }}</ref> As of March 2025 the company is majority-owned by TDR Capital after buying Zuber Issa's 22.5 per cent holding; Mohsin Issa retained a 22.5% stake but discontinued running the company in September 2024.<ref name=butler>{{cite news| last=Butler | first=Sarah | title=Tesco, Sainsbury’s and M&S shares take £3.5bn hit amid Asda price war fears |newspaper=The Guardian | date=17 March 2025 | url=https://www.theguardian.com/business/2025/mar/17/tesco-sainsburys-m-and-s-shares-asda-price-war-fears}}</ref>