Asda
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Jul- 2018 -9 JulyGovernment
Asda CEO: Hard Brexit could have ‘significant consequences’ for food supply and quality
Asda CEO Roger Burnley has expressed his concerns that a ‘hard’ Brexit could have “significant consequences” for food supply and…
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4 JulyUncategorized
Former Amazon finance VP returns to Asda as CFO
Asda has appointed Rob McWilliam as chief financial officer (CFO), replacing Alex Russo as he leaves the business to take…
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4 JulyPeople Moves
Wilko appoints former Asda CFO as finance chief
Family business Wilko has appointed Alex Russo, a former Asda CFO as its new chief financial officer and executive board…
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Jun- 2018 -21 JuneGovernment
MPs hit out at ‘baloney’ supermarket claims of price-cut post-merger
Neil Parish MP yesterday told Asda CEO Roger Burnley not to “give us a load of baloney” after Burnley repeatedly…
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19 JuneSupermarkets
CMA reveals Asda-Sainsbury’s merger comments
Industry responses to a Competition and Markets Authority (CMA) consultation on the proposed Asda-Sainsbury’s merger have revealed concerns about higher…
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May- 2018 -31 MaySupermarkets
Asda profits plunge 10% due to price cuts aimed to ‘return momentum’
Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed…
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18 MayM&A
CMA shops around for comments on Sainsbury’s Asda merger
The Competition and Markets Authority (CMA) is investigating the merger between Sainsbury’s and Asda, after inviting interested parties to comment…
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11 MaySupermarkets
Sainsbury’s and Asda could be forced to sell more than 70 stores
Sainsbury’s and Asda may have to sell at least 73 stores in order for the merger to go ahead according…
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8 MayM&A
Asda-Sainsbury’s merger fears voiced by industry bodies
Trade bodies and environmental groups fear the proposed merger of Asda and Sainsbury’s will further squeeze UK food producers and…
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3 MayGovernment
Asda-Sainsbury’s merger: Committees pen letter fearing ‘dominance’
The Environment, Food and Rural Affairs (EFRA) and Department for Business, Energy and Industrial Strategy (BEIS) Committees have written a…
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