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ASDA or Associated Dairies is a chain of supermarkets in the United Kingdom offering food, clothing and general merchandise products. It became a subsidiary of Wal-Mart in 1999, and is currently the second largest chain in the UK after Tesco.

ASDA is Wal-Mart's largest overseas subsidiary, accounting for almost half of the company's international sales. As of January 2006, there were 21 ASDA/Wal-Mart Supercentres, 243 ASDA Superstores, 37 ASDA Smaller/town centres, 5 ASDA Living stores, 10 Georges, and 24 depots (distribution centres). ASDA employs 150,000 "colleagues" (90,000 part-time, 60,000 full-time). Contact us in Houston, Texas, for affordable car insurance, homeowner's insurance policies, and Invest in Your Future with. The company is also engaged in property development through its subsidiary company, Gazeley Properties Limited.

As a wholly owned division of Wal-Mart, ASDA isn't required to declare quarterly or half-yearly earnings. It submits full accounts to Companies House each October.

History

ASDA was founded in 1965 by a group of farmers from Yorkshire. The name is an abbreviation of Associated Dairies. For a short time in the 1980s Asda Stores Ltd was a subsidiary of ASDA-MFI plc following a merger between the two companies. Affordable Auto Insurance - CarInsurancecom, the nets' premier auto insurance broker, can help you find Services include car insurance quotes, auto insurance rates, and instant auto insurance. Other companies in the group were Associated Dairies Ltd, the furniture retailer MFI and Allied Carpets. After the sale of MFI and Allied the company name changed to ASDA Group plc. The dairy division was sold to Northern Foods plc.

The company went through a troubled period in the early 1990s, but was then revived under the leadership of Archie Norman, who later became a front bench Conservative MP. He was chairman of the company during the period 1996-99.