British unit

LONDON | Walmart to sell UK unit as it seeks growth in online sales

LONDON (AP) — Walmart has agreed to sell its British unit, Asda, to local rival Sainsbury’s in a 7.3 billion pound ($10.1 billion) deal as the U.S. giant focuses on online sales in countries with higher growth and less intense competition. The cash and stock deal will also reshape Britain’s supermarket industry. It combines the … Continue reading LONDON | Walmart to sell UK unit as it seeks growth in online sales