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Asda and George were sold to Walmart in 1999, which led to the expansion of the George brand into Walmart stores. [2] In February 2022, Asda and George were bought by TDR Capital for £6.8 billion pounds. Plans to spin George off into an independent brand have been leaked, but those plans have been denied by the acquiring firm. [1]
Walmart Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. [10]
Woodward's – Western Canada; defunct 1993; most stores converted to Zellers, Walmart, and The Bay; its closure sparked a wave of major renovations and reconfigurations in malls across Canada between 1993 and the early 2000s; Woolco – discount department store, usually in the suburbs, acquired by Wal-Mart in 1994
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It replaced the older Asdale/Asda clothing labels of the 1970s and 1980s. [98] This is marketed as quality fashion clothing at affordable prices. Walmart also sells the George brand in Argentina, Canada, China, India, Japan, Mexico, and the US (and in South Korea until Walmart pulled out of that market).
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