Walmart’s strategy to get itself fighting fit against Amazon saw one more development today. This morning, UK supermarket chain Sainsbury’s announced a deal with Walmart to buy a majority stake in ...

Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's. In return, Walmart will receive £2.97 billion ($4.1 billion) in cash and a 42% stake in the ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — Retail giant Walmart has ...

LONDON (AP) — Walmart is selling its British unit, Asda, to local rival Sainsbury's for 7.3 billion pounds ($10.1 billion), a deal that lets the world's largest retailer focus on online sales in ...

LONDON, Feb 25 ( Breakingviews) - KKR is eyeing up a pricey UK grocery shopping trip. The private equity giant might bid for Walmart'sAsda unit if competition authorities block the British grocer's ...

Walmart may dominate the offline grocery retail business in the US, but it has a lot to learn from its UK cousin Asda when it comes to building a powerful ecommerce offering. With operations in 27 ...

Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's. In return, Walmart will receive £2.97 billion ($4.1 billion) in cash and a 42% stake in the ...