Two of Britain's top retail bosses are working with private equity groups on rival £6.5 billion ($8.5 billion) takeover bids for Walmart-owned ... still considering a bid. Walmart, which acquired ...

Walmart says it may sell a majority stake in Asda, its UK supermarket, after "inbound interest" in the idea. The US retail giant said it was talking to a "small number of interested parties" about ...

Tech. It has been a painful divorce from Walmart for Asda’s IT systems and failures have plagued the grocer in recent months; issues with self-checkouts, failures in store picking systems ...

Lord Rose, who visits the supermarket’s Leeds HQ each week, said: “Walmart owned Asda for 20 years and they ... off the ball on other things. And I still regard myself as a shopkeeper, I ...

Asda has said Walmart remains “incredibly supportive” of its effort to extract itself from the US chain and former owner’s IT systems, after reports it will face millions in penalty fines for missing ...

Meanwhile, as well as still relying on Walmart’s IT systems, Asda must also meet a £900m repayment to its former owner by 2028. Lord Rose has since been replaced as chairman by Allan Leighton ...

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