According to a spokesperson, Asda moved off Walmart's SAP ERP system to a new instance of S/4HANA hosted in the Microsoft Azure cloud in January 2024. In July, an annual report revealed the total ...

Lenders told of £175 million project top-up for 2025, four years after buyout The UK's third-largest supermarket has seen the expected costs of its tech divorce from former US owner Walmart rise ...

Walmart will sell a majority stake in the UK-based grocery retailer Asda to the Issa brothers, the co-CEOs of EG Group, and TDR Capital for an enterprise value of $8.8 billion. The Issa brothers and ...

Asda is one of the largest supermarket chains in the UK, serving over 18 million customers in its stores every week and bringing in over £24 billion in revenues. However, the retailer found itself in ...

Asda, the UK's third largest grocer after Tesco (TSCO.L) and Sainsbury's (SBRY.L), has been burdened by debt since the Issas and TDR bought 90% of it from Walmart in a 6.8 billion pound ($8.7 ...