Asda

Asda profits surge 42% as Covid disruption eases

Asda has reported its operating profits increased 42% year-on-year from £486.5m to £693.1m in FY21 following a reduction in Covid-related…

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Apollo lines up banks to finance Boots bid

Private equity firm Apollo Global Management is reportedly lining up banks to help it finance a takeover offer for UK…

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Asda launches employment package for Ukrainian refugees

Asda has announced it will offer Ukrainian refugees arriving in the UK a guaranteed job interview and provide specialist support…

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Asda unveils largest Asda On the Move store

Asda has unveiled its largest store on an EG Group petrol filling station to date with the opening of a…

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Boots bidders to begin discussions this week

Potential new owners of Boots are set to meet with the high street chemist chain’s management this week to discuss…

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Mothercare joins retailers in suspending Russian business 

Mothercare has announced that all business in Russia, including the shipment of all its products has been suspended in the…

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Asda donates £1m to Ukraine and axes Russian products from shelf

Asda and its charity, the Asda Foundation, has announced it is providing immediate support for displaced Ukrainian families in Europe…

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Asda confirms £27.8m pay bonus for staff

Asda has confirmed that 103,000 hourly-paid store colleagues across the UK will share a £27.8m bonus pot in February’s pay…

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CD&R rules out offer as Boots deadline hits

Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and…

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Asda reveals 6.1% gender pay gap between colleagues

Asda has published its Gender Pay report for 2021, which shows that its mean and median figures continue to be…

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