Asda boss Roger Burnley to depart
Asda president and CEO Roger Burnley has decided to leave the business next year after the supermarket chain has transitioned fully to…
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Walmart backs textiles with US manufacturing investment
US retail giant Walmart plans to spend an additional $350 billion on products made, assembled or grown in the US…
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Walmart completes Shoes.com sale to CriticalPoint Capital
US retail giant Walmart has completed the sale of its Shoes.com business to affiliates of CriticalPoint Capital, the LA-based private equity firm that…
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New Asda owners weighing George sale?
The new owners of UK supermarket chain Asda could be weighing up a sale of the clothing unit, George.
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Asda returns to UK ownership as Walmart agrees GBP6.8bn sale
US retail giant Walmart is to sell its UK supermarket chain Asda to the Issa brothers, founders and co-CEOs of EG Group, a…
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Walmart sets goal to become a regenerative company
US retail giant Walmart is doubling down on efforts to address the growing climate crisis by targeting zero emissions across the company's…
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Private equity firms go head-to-head for Asda stake
Two private equity firms – both fronted by retail veterans – are preparing to place bids for a stake in…
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Walmart hosts open call for US-made products to boost local manufacturing base
US retail giant Walmart is holding its first annual open call for US-manufactured products in an entirely virtual format as…
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