Asda

Asda future could be decided this week as takeover deadline looms

The future of ‘Big Four’ grocer Asda could be decided as early as this week, as rival private equity firms…

Read More »

Ex-Asda and Debenhams chiefs in rival £6.5bn bids for Asda

Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival £6.5bn bids for supermarket giant Asda. According…

Read More »

Grocery growth slows as market eases out of lockdown

The latest grocery market share figures from Kantar show take-home grocery sales growth slowed to 14.4% year on year during…

Read More »

Asda sees Q1 sales rise 3.5%

Big four grocer Asda has reported a 3.5% like-for-like sales rise during the first quarter of the year following a…

Read More »

EG Group to vie with equity firms for Asda stake

The EG Group, owned by petrol station billionaire brothers Zubin and Moshin Issa, is reportedly among a number of interested…

Read More »

Walmart in talks over potential sale of stake in Asda

American retailer Walmart has revealed it is in talks over a potential sale of its stake in ‘Big Four’ grocer…

Read More »

Waitrose named top UK grocer, Asda wallows in bottom place

Waitrose has been rated the best UK in-store supermarket for the second year in a row in Which?’s annual supermarket…

Read More »

Walmart offloads Asda pensions amid IPO plans

Asda owner Walmart has reportedly struck a deal to offload £3.8bn worth of pension liabilities as it eyes a potential…

Read More »

Asda denies claims that it will fire staff for not signing new contract

‘Big Four’ grocer Asda has hit back at claims that it will lay off staff for failing to sign a…

Read More »

Asda FY sales and profits rise despite merger disappointment

Asda has reported an increase in both full-year sales and profits during the period it was the focus of an…

Read More »