63-724: Fosse Shopping Park is one of Britain's biggest out-of-town shopping parks and it is situated in Enderby parish, in Blaby district, on the southern edge of the city of Leicester , England . The retail park is in an area of mixed industrial and commercial development, about half a mile from Junction 21 of the M1 , where it meets the M69 . Junction 21 also connects the M1 with the A5460 ( Narborough Road ), from
126-532: A Toys "R" Us concession) and JD Sports . Marks & Spencer are the longest serving and anchor tenant of the retail park following a recent refurbishment and expansion. Previous notable tenants of Fosse Park include: Olympus Outdoor World, Shoe City, Mothercare , Adams Kids , Wallis , Habitat , Dorothy Perkins , East Midlands Electricity , Sports Division , JJB Sports , Burton , Gap Inc. , BHS , Focus Do It All , Comet and Outfit (including Topshop , Topman , Evans ) and upon merging with Currys
189-571: A white label payment card provider offering assistance for insurance and payment services under the Asda Money brand and also has a mobile virtual network operator . In February 2021, the Issa brothers and TDR Capital acquired Asda, with Walmart retaining "an equity investment" in Asda, a seat on the board and "an ongoing commercial relationship". The deal came after an acquisition by Sainsbury's
252-402: A distribution centre. That was far above the net book value of the locations, some of which were poorly sited. (Asda has subsequently relocated or rebuilt more than 30 of the original Gateway stores since the late 1990s.) The move left the company overstretched as a result, and by 1991, it found itself in serious financial trouble with over £1 billion of debt; compounding the situation further
315-552: A new company, Asda ( As quith + Da iries) (capitalised from 1985). By 1967, the company had set up a store in Billingham , County Durham . By 1969, Noel Stockdale bought out the Asquith brothers' stake and became chairman of the company. Asda took advantage of the abolition of retail price maintenance to offer large-scale, low-cost supermarkets. This was aided by the decision to acquire three struggling US-owned branches in
378-473: A new discount format called "Dales" but this had been ended by 1998. In 1993, Asda completed a second rights issue that raised a further £347 million and began selling off some of its assets; some stores were sold to competitors, and the Allied Carpets chain was sold to Carpetland. By 1995, the company had returned to profitability and had virtually wiped out its debt – this is cited as one of
441-402: A newsagents, petrol station, florists, beauty salon, delicatessen, library, cafe, bookmakers, and hand car wash. It has two "Co-operative Food" stores within metres of each other, one owned by Central England Co-operative and another by The Co-operative Group . Enderby has a leisure centre with swimming pool, gym, squash courts and sports hall for badminton and 5-a-side football. There is also
504-623: A nine-hole pay-and-play golf course. The head office of clothing retailer Next plc is located in Enderby. Enderby is near the M1 and M69 motorways. The B4114 and B582 both run through the village. Rail transport is provided by nearby Narborough railway station on the Birmingham to Peterborough Line . Trains are operated by CrossCountry and provide regular services to Leicester, Hinckley, Nuneaton and Birmingham. Arriva Midlands operate services 50, X55 and X84 from Leicester into
567-456: A petrol filling station and dining and refreshment facilities for shoppers such as customer cafes, and selected stores have McDonald's franchise restaurants or "Express Diners". The Old Kent Road , Scunthorpe Colindale and Brunstane stores previously trialled a Subway franchise. There are currently no plans to roll the Subway franchise out across the chain. In May 2010, Asda announced
630-474: A plan to fully integrate mobile platforms into stores. The app allowed customers to create shopping lists and scan item barcodes for more information about them. In 2015, Asda adopted Walmart's slogan: "Save Money. Live Better". Around the same time they adopted an updated logo, with Walmart's yellow spark surrounding the first letter. The spark was later removed. In June 2016, it was announced that Andy Clarke, CEO since 2010, would be replaced by Sean Clarke ,
693-484: A resurgent Sainsbury's , Asda's chief executive, Tony De Nunzio left, and was replaced by Andy Bond . In 2005, Asda expanded into Northern Ireland by purchasing 12 former Safeway stores from Morrisons . Asda's property development arm, Gazeley Limited, was sold to Economic Zones World (EZW), a Dubai World subsidiary, in June 2008 for in excess of £300 million. In November 2008, there were reports that Asda
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#1732775949514756-662: A sales area of 8,600 m (93,000 sq ft) opened in Patchway, Bristol in the summer of 2000. The first Scottish Supercentre opened in Livingston , in 2001. The Bletchley , Milton Keynes Supercentre which opened in November 2005 is currently the largest Asda Supercentre with a net sales floor of over 11,000 m (120,000 sq ft). This was preceded in June 2002 by the Eastlands, Manchester store which
819-471: A seat on the board and "an ongoing commercial relationship". In the same month, Asda said that it might need to put 5,000 jobs at risk as part of reconstruction plan in the context of people shopping online. In March 2021, Asda was involved in the "largest ever sterling bond offering" as part of the financing package to fund the acquisition purchase by TDR Capital and the Issa brothers. In May 2023, it
882-662: A small number of pilot George stores. In January 2012 Asda announced that it had agreed to terms with two franchise partners to open international George stores. Through the agreement with SandpiperCI, based in the Channel Islands, the company will be responsible for opening George franchises in both Jersey and Guernsey, and through the Azadea Group, headquartered in Beirut, Lebanon, the George franchise stores would open in
945-469: A year later. In 2004 Pillar attempted to sell Fosse Park, but withdrew when its £320m valuation was not achieved. In 2005 Reit Asset Management bought Fosse Park for £308m, while Pillar's had valued it at £350m. In 2006 Irish investors bought Fosse Park for £360m before placing it on the market once again in 2010. When opened in 1989, Fosse Park commanded an average rent of £11/sq ft. As of 2010. this has risen to £105/sq ft, higher than any other retail park in
1008-486: A £5.4 billion merger that would have both created the United Kingdom's largest multi-category retailer and enabled Asda to begin operating stores throughout Europe. A merger deal was abandoned when Walmart outbid Kingfisher to purchase Asda for £6.7 billion, which was completed on 26 July 1999 in a move that was initially speculated by British media outlets as a potential corporate raid . Shortly after
1071-456: Is a British supermarket and petrol station chain. Its headquarters are in Leeds , England. The company was incorporated as Associated Dairies and Farm Stores in 1949. It expanded into Southern England during the 1970s and 1980s, and acquired Allied Carpets , 61 large Gateway Supermarkets and other businesses, such as MFI Group . It sold these acquisitions during the 1990s to concentrate on
1134-559: Is located opposite head office. They include a small convenience store and click and collect facilities. The trial was a success and in 2014, a full roll out of this format was announced after a third site opened in Northolt, West London. In February 2015, 15 petrol filling stations were acquired from Rontec Ltd, and converted to the new format. Asda originally aimed to have at least 100 standalone forecourts by 2018. However, in October 2015,
1197-640: The Fosse Way Roman road passes through the parish. Near St John's is the deserted village of Aldeby by the River Soar . Enderby Hall was the ancestral home of the Smith family when the paternal line ended. The hall was left to Charles Loraine who took the name Charles Loraine Smith . Enderby was in the Parliamentary constituency of Blaby between 1974 and 2010, when it was replaced with
1260-502: The North of England , the newly focused food retail group expanded further south in 1989 by purchasing the large format stores of rival Gateway Superstores for £705 million. This significantly increased Asda's total selling area, but the company had borrowed heavily in order to fund the purchase – city estimates suggested that Asda had overpaid by around £300 million for 61 of the largest Gateway stores, two undeveloped store sites and
1323-667: The South Leicestershire constituency. It is currently represented in the House of Commons by Alberto Costa MP of the Conservative Party . A disused freight only railway line known locally as ‘Whistle Way’ is to the north of the village. This branch line used to link the now disused Enderby Warren Quarry with the Birmingham to Leicester Line . Enderby is home to Fosse Shopping Park , one of Britain's biggest out-of-town shopping parks. The village centre has
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#17327759495141386-601: The Middle East. In April 2006, Asda launched a new trial format called 'Asda Essentials' in Northampton , followed by another in Pontefract a month later. The stores were modelled on France's Leader Price chain, with a smaller floorplate than Asda's mainstream stores and with a primary focus on own-brand products, only stocking branded items that were perceived to be at the "core" of a family's weekly shop with
1449-605: The UK. In April 2021, Fosse Park West and the Food Central extension opened to the public, positioned on the land previously occupied by Everards Brewery . As part of the development there are 8 Tesla Superchargers. As of August 2024, retailers within the shopping park are: Boots , Superdrug , KFC , McDonald's , Menkind, Marks & Spencer , TK Maxx , Nike , Next , River Island , Holland & Barratt , Foot Asylum, Primark , Sports Direct & USC , WHSmith (includes
1512-464: The UK. Under the plans, Walmart would own 42% of the combined business, which would be led by the existing chief executive of Sainsbury's, Mike Coupe. The group would also open branches of Argos within Asda stores. The merger underwent intense scrutiny by a cross-party group of MPs, chairing select committees for the proposed merger, along with the Competition and Markets Authority, investigating
1575-470: The Walmart model, Asda began opening larger 'Hypermarket' (later 'Supercentre') stores as well as introducing pharmacies and cafes to its stores. At the same time, merger discussions were taking place between Asda and other retailers such as Safeway and Kingfisher plc ; both collapsed without an agreement being reached, but in 1999, a second round of discussions with Kingfisher later reached an agreement for
1638-403: The aim being to challenge the dominance of Tesco and Sainsbury's in the convenience store market while at the same time addressing competition from discount supermarkets such as Aldi , Lidl and Netto. On 6 December 2006, The Guardian reported that further planned store openings were under review following poor sales in the existing outlets, while the range of branded products being carried
1701-519: The centre of Leicester, and Leicester's main ring road, the A563. As of 2016, it is one of "about twenty" retail parks owned by the Crown Estate . London & Edinburgh Trust opened Fosse Park in 1989, the 265,000 sq ft (24,600 m) development contained 12 retail warehouses, including Marks & Spencer as an anchor store . In 1996 Castlemore Securities bought an adjacent factory from
1764-606: The coffee shop Living Cafe within some of the stores. The first store with this format opened in Walsall , West Midlands. As at 31 January 2021, there are 33 stores. In 2004, the George clothing brand was extended to a number of standalone George stores on the high street; the first George standalone store to open was in Preston. In 2008, all George standalone stores were closed due to high rental costs resulting in low profitability. In 2011, Asda announced its intention to establish
1827-453: The company decided to slow the roll out down to address the problems associated with a major collapse of profits from its large store formats due to intense competition from its main rivals. But, the company is still continuing to add a combination of fully automated credit/debit card payment only petrol stations and petrol stations with traditional forecourt shops within the car parks of its existing store portfolio and to new store sites. Asda
1890-414: The company in the third quarter of 2024. In September 2024, it was announced that Lord Rose would succeeded Mohsin Issa as CEO and be supported by TDR Capital's Rob Hattrell. Mohsin would retain his ownership stake in Asda, as well as a non-executive director role. He would return to EG Group to be its sole chief executive. In November 2024, Asda announced to staff that they were ordering staff back to
1953-475: The core of the Asda Supermarket format. As of 31 January 2021, there are 207 supermarkets. In October 2003, Asda launched a new format called Asda Living . This is the company's first "general merchandise" store, containing all its non-food ranges including clothing, home electronics, toys, homewares, health, and beauty products. With these stores they have linked up with Compass Group who operate
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2016-500: The existing Spar stores at these locations were rebranded to either Asda Express or Asda On the Move. The deal also included ownership of fast-food chain Leon , as well as the purchase of 462 Burger King , Greggs and Subway franchises. In June 2024, Zuber Issa announced he will sell his 22.5% stake in Asda to TDR Capital which would make them the majority owner, controlling 67.5% of
2079-406: The fresh food and general merchandise offer within all stores. After reportedly clashing with Roger Burnley and only six months in his post, Lorente left Asda at the end of July 2018. His role was divided up between Burnley and Anthony Hemmerdinger. In April 2018, Sainsbury's and Walmart announced negotiations about a possible merger of Sainsbury's and Asda, creating the largest supermarket chain in
2142-525: The head of parent company Walmart's operations in China. In October 2017, Asda announced that the current CEO, Sean Clarke would be replaced by Roger Burnley , the deputy CEO, from 1 January 2018, and the sixth CEO since 2000. In November 2017, Asda recruited Jesús Lorente, from French hypermarket retailer Carrefour . He became CMO (Chief Merchandising Officer), in January 2018, and was put in charge of
2205-401: The impact of how the deal could negatively affect the retail industry by a possible reduction of consumer choice for shoppers resulting in price rises, and of how suppliers, especially smaller, family-owned companies could be squeezed by the combined group. The CMA were inundated with complaints by suppliers and other major retailers of the damage they felt would be inflicted upon them if the deal
2268-484: The introduction of Asda branded products. In 1985, Asda merged with MFI (Mullard Furniture Industries) and the group was renamed Asda-MFI Group plc. Asda established its headquarters at "Asda House". The site was officially opened in 1988 by the then Prime Minister , Margaret Thatcher . By the end of the 1990s, the 'Asdale'-named clothing range was replaced by the clothing ranges from the newly formed George Davies partnership with Asda. With stores mainly based in
2331-486: The major oil companies would not supply fuel to be sold at discount prices. From the early seventies, oil companies such as Mobil, Shell and Texaco supplied fuel to Asda as more supermarkets started to sell fuel from car park forecourts. Since the mid-1990s Asda has supplied, along with its main supermarket rivals, its own fuel delivered by its own tankers to its petrol station forecourts. As of June 2018, Asda operates 319 petrol stations in total, 18 of which are standalone and
2394-696: The mid-1960s of the GEM retail group. The Government Exchange Mart stores in Preston, Lancashire , Cross Gates, Leeds and West Bridgford , Nottinghamshire , had accumulated losses of £320,000 and offered to sell the stores for 20% of whatever Asda could recoup as losses from the Inland Revenue . They received the whole amount back. The rent was only 10 shillings (50p) per square foot on a 20-year lease, with no rent reviews, Asda increased GEM's £6,000 per week sales to around £60,000 per week in just six months with
2457-485: The most successful turnarounds in British retail history. Norman succeeded Gillam as chairman upon the latter's retirement in 1996, appointing then-deputy Allan Leighton as chief executive, and began to remodel Asda's stores along the lines of Walmart , the world's largest retailer. Leighton travelled to Bentonville, Arkansas , to assess and photograph the systems and marketing deployed by Walmart. In 1998, following
2520-645: The new stores named as Asda. During the 1970s, with over 30 stores in the north of England, Asda began expanding south, with the opening of new stores in the Estover area of Plymouth , Devon and Gosport , Hampshire in 1977. In 1978, Asda acquired Allied Carpets . In 1982, the first London store opened in Park Royal , near Ealing . The Isle of Dogs and Charlton, London stores followed on rapidly thereafter. In 1984, managing director, John Hardman, made attempts to halt Asda's decline, which included
2583-400: The office at least three days a week and cutting head office jobs in an attempt to halt the supermarket’s decline. Following the takeover by Walmart, several "Asda Walmart Supercentres" opened, creating some of the largest hypermarkets in the United Kingdom. Since 2006, all new Supercentres have been solely branded as Asda Supercentre without the Walmart branding. The first Supercentre with
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2646-550: The old indoor market at Edlington . Both stores traded under the name of 'Queens'. Their next store was a purpose-built supermarket in South Elmsall , a town in which Asda has a distribution centre to this day. In 1965, the Asquith brothers approached Associated Dairies to run the butchery departments within their small store chain. A merger was proposed and the Asquiths' business was joined with Noel Stockdale 's to form
2709-552: The parish's population as 6,314. The village's name means 'farm/settlement of Eindrithi'. The village is situated on the B4114 between Fosse Shopping Park and Narborough . The parish includes Fosse Shopping Park , Grove Park Commercial Centre and Everards Brewery . The parish is bounded by the City of Leicester and the civil parishes of Braunstone Town , Glen Parva , Lubbesthorpe , Narborough and Whetstone . The course of
2772-504: The purchase of the 193 UK stores of Danish discount retailer Netto in a £778 million deal. But the Competition Commission made them sell off 47 of the stores to other retailers. The remaining stores continued to trade as Netto stores until early 2011, when Asda integrated the stores into its supermarkets division, designated for shops smaller than 2,300 m (25,000 sq ft). These former Netto stores form
2835-531: The recession and the reining in of spending by consumers on non-food purchases. On 11 May 2010, Andy Clarke , the chief operating officer, was appointed as CEO. In the same month Asda bought the original Netto UK supermarket chain in a £778 million deal. In February 2011, Asda announced the purchase of six stores from Focus DIY ; five of these were converted into supermarkets later that year. On 16 April 2012, Asda launched their Android grocery shopping app and mobile website for non-grocery items with
2898-602: The same time, a group of West Riding dairy farmers, including the Stockdale family and Craven Dairies, joined under the banner of J. W. Hindell Dairy Farmers Ltd. The company diversified in 1949 to become Associated Dairies and Farm Stores Ltd, with Arthur Stockdale as the managing director. In 1963, the Asquith brothers converted an old cinema, the Queens in Castleford , into a self-service supermarket. Another followed in
2961-526: The shoe manufacturer and retailer, the Oliver Group, for £25m and obtained a restricted planning consent for Fosse Park South. In 1997 Pillar Property bought Fosse Park South for £52.5m from Castlemore and the original Fosse Park from SPP (the Swedish pension fund that owns LET) for £60m, thus uniting both halves of the park to create a 416,536 sq ft (38,697.5 m) investment valued at £205m
3024-471: The stop on Fosse Park Avenue outside ASDA for services to London , Glasgow and Manchester Enderby, Leicestershire Enderby is a village and civil parish in Leicestershire , England, on the southwest outskirts of the city of Leicester . The parish includes the neighbourhood of St John's, which is east of the village separated from it by the M1 motorway . The 2011 Census recorded
3087-556: The stores of Carphone Warehouse and PC World were closed and moved inside of Currys. A Tesla pop-up location opened outside of Marks & Spencer in May 2024. Fosse Shopping Park is serviced by Arriva Midlands bus services 50, 104, X6 and X84, Novus Fosse (Operated by Central Connect), First Leicester service 19, alongside the Leicester Orbital service operated by Centrebus. Megabus and Flixbus services also utilise
3150-540: The supermarkets. It was listed on the London Stock Exchange until 1999 when it was acquired by Walmart for £6.7 billion. Asda was the second-largest supermarket chain in the United Kingdom between 2003 and 2014 by market share, at which point it fell into third place. As of August 2024, its market share in the UK is 12.6 per cent. Besides its core supermarkets, the company also acts as
3213-410: The takeover, Norman resigned as chairman and left the company to pursue his political career; he was succeeded as chairman by Leighton. As Walmart were keen on entering the British market, Bob Martin, Walmart's president of international operations, lobbied Prime Minister Tony Blair on planning issues. In 2005, amid reported concerns within Walmart about a slippage in market share, partially due to
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#17327759495143276-584: The village. Enderby Park and Ride is situated on the corner of B4114 St John's and Leicester Lane, opposite Leicestershire Constabulary Headquarters and Palmers Garden Centre, and was opened on 16 November 2009. It has parking for 1,000 cars. Buses run every 15 minutes into Leicester city centre from 7am to 7pm, Mondays to Saturdays. Stops include Smith Way (Grove Park), Aylestone Road (Leicester Royal Infirmary), Oxford Street (De Montfort University) and St. Nicholas Circle (stand FD). The schools that Enderby children usually attend are: Enderby Town Football Club
3339-453: Was a declining customer base, which was mainly caused by Asda's focus on moving upmarket resulting in prices rising to levels significantly higher than competitors. Eventually, a combination of flagging profits, a tremendous debt and a loss of customers left Asda in such an egregious financial situation that they came very close to breaching their banking covenants; at one point, they almost entered administration . The company's first response
3402-451: Was also being expanded due to customer demand. In January 2007 it was announced that the original Northampton trial store would close within a month after only 10 months of trading. In 2012, Asda trialled a new standalone petrol filling station format (which means that they are not attached to or near an existing Asda store) at two locations in Sale, Greater Manchester and Leeds Bridge, which
3465-508: Was also the first supermarket chain in the United Kingdom to sell petrol at its old Halifax store in 1967, which at the time was located inside a converted mill in Battinson Road which burnt down during a major fire in 1982, and subsequently reopened as a purpose-built store in 1983, without the petrol station. The store moved to a different site in 2004. Back then its forecourt fuel was supplied by discount Russian supplier Nafta, because
3528-472: Was approved. On 25 April 2019 the CMA blocked the proposed merger, suggesting that it would increase prices for consumers and make competition unfair for the other UK retailers, Sainsbury's then announced that it was abandoning the merger. In February 2021, Mohsin Issa , Zuber Issa and TDR Capital acquired Asda, which at the time was valued at £6.8 billion. Walmart retained "an equity investment" in Asda,
3591-521: Was founded in 1900. It played in the local Leicestershire Senior League until 1969, and joined the Southern League in 1972 . It changed its name to Leicester United F.C. in 1983 and was dissolved in 1996. Enderby was where Colin Pitchfork raped and murdered a 15-year-old schoolgirl in 1986. He also killed a girl of the same age in nearby Narborough in 1983. Initially a 17-year-old youth
3654-558: Was rejected by the Competition and Markets Authority . As of June 2024, the company is majority owned by TDR Capital following the sale of Zuber Issa's 22.5 per cent holding to the company. The Asquith family were butchers based in Knottingley , Wakefield , West Yorkshire. In the 1920s, they expanded their business to seven butchers shops in the area. Their sons, Peter and Fred, later became founding members of Asda. Around
3717-436: Was reported that the Issa brothers and TDR Capital had together contributed just £200 million for their purchase of Asda, worth £6.8 billion; the majority of the purchase price was funded by a loan from the parent company of heavily indebted EG Group , and by disposing of Asda assets. In October 2023, Asda completed a £2.27 billion acquisition of EG Group property, this mainly consisting of 356 forecourt sites, where
3780-438: Was suspected, and even confessed to one of the murders, but DNA testing cleared him. Following what was the first mass DNA screening of an entire community, Pitchfork was the first person to be convicted of murder using DNA profiling . [REDACTED] Media related to Enderby, Leicestershire at Wikimedia Commons ASDA Asda Stores Limited ( / ˈ æ z d ə / ), trading as Asda and often styled as ASDA ,
3843-520: Was the largest store at the time with a sales area of 10,000 m (110,000 sq ft) but is currently the second largest Asda Supercentre, and the third largest is located in Minworth , West Midlands, followed by Patchway. As of 31 January 2021, there are 32 Supercentres. Asda superstores are large supermarkets with a non-food offer slightly smaller than an Asda Supercentre. As of 31 January 2021, there are 342 superstores. Most superstores have
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#17327759495143906-496: Was to buy Irish retailer Dunnes Stores . In August 2009, Walmart sold Asda for £6.9 billion to its Leeds-based investment subsidiary Corinth Services Limited. The deal was described as part of a "group restructuring" and meant Asda remained under the control of Walmart, since Corinth is itself a Walmart subsidiary. In April 2010, Asda announced plans to open over 100 new non-food stores as part of an ambitious five-year plan. These plans were mothballed shortly after because of
3969-523: Was to change its management; chairman John Hardman was ousted in June 1991 and was replaced by Patrick Gillam, and Archie Norman was appointed chief executive in October. Asda then completed a rights issue in November 1991 that raised £357 million and cut the company's debts to £668 million. In May 1992, Asda reduced their prices back to their traditional level (5–7% below competitors) and announced that they would eliminate over 500 management positions. Underperforming stores were initially converted to
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