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ASDA logo

The principal activities of the group are food, clothing, home and leisure superstores throughout Great Britain and property development. In June 1999 Wal-Mart Stores announced a cash offer for 100% of the issued share capital of ASDA Group plc.

For the year ending May 1999, sales were up to 8.9 billion, turnover was up by 7.6% to 8.2 billion, Asda's own brand of clothing, George, was up 15.3%, Home and Leisure sales were up 12.4%. Profits were up 4.4% to 422.9 million.

 



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