By Corporate Watch UK
A Corporate Profile
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. Wal-Mart Stores Inc.
702 S.W.8th Street
Bentonville, Arkansas 72716
Phone 001 479 273 400
http://www.walmart.com or http://www.walmartstores.com 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 Website: www.asda.co.uk 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.
- 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
Wal-Mart Stores Inc
Wal-Mart Stores (UK) Limited
4 Wal-Mart Annual Report, 2003