The UK's third-largest grocery retailer has spent £430 million ($544 million) on its IT separation from US giant Walmart.… ...

Walmart has offered its former business Asda a lifeline after the UK supermarket chain missed a crucial deadline for an £800m ...

Walmart, which acquired Asda in 1999, aims to retain a minority ... Asda operates over 600 stores in the UK and accounts for about 15% of the country's grocery market. No asking price for Asda ...

Late last year, The Register reported that the UK's third-largest supermarket ... made a decision to delay the cut-over from Walmart-run systems to Asda's replacement, planned for January 12.

Asda has escaped a penalty charge despite the supermarket missing a crucial target for separating its IT systems from former ...

Asda has been handed a reprieve by its former American owner Walmart after the struggling British grocer missed a crucial target for an £800m IT upgrade. The supermarket chain is understood to have ...

Asda has reportedly avoided a financial penalty after its former owner Walmart agreed to move back a deadline for the ...

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Moody’s expected Asda to pay the Walmart liability using its high levels of cash generation but warned the leverage ration could deteriorate if it decided to take on extra debt to fully or partially ...