WAL-MART EYES EUROPEAN EXPANSION WITH ASDA

BENTONVILLE, Ark. -- Wal-Mart Stores here is considering rolling its Asda banner out to additional European markets as it explores the possibility of expanding into every country in Europe, Lee Scott, chief executive officer, reportedly said during a visit to Brussels, Belgium, where he and other Wal-Mart executives are meeting with regulators.Wal-Mart currently operates the Asda supermarket banner

BENTONVILLE, Ark. -- Wal-Mart Stores here is considering rolling its Asda banner out to additional European markets as it explores the possibility of expanding into every country in Europe, Lee Scott, chief executive officer, reportedly said during a visit to Brussels, Belgium, where he and other Wal-Mart executives are meeting with regulators.

Wal-Mart currently operates the Asda supermarket banner in the United Kingdom and also has stores in Germany, but otherwise does not have a pr

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TAGS: Walmart