Asda

Asda owners mull £10.8bn EG Group sale

TDR Capital and the Issa brothers, the new owners of Asda, are reportedly considering their options – including a possible…

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Asda Q2 revenues top £5bn

Asda has reported a 3.1% two-year increase in revenues excluding fuel to over £5bn during its latest quarter ending 30…

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Issa brothers plan to open 300 Asda convenience stores

Asda’s new owners, the Issa brothers’ are reportedly planning to open more than 300 convenience stores under the supermarket’s name…

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EG Group revenues soar 57.7% in Q2

Blackburn-based retail giant EG Group saw total revenues soar 57.7% year-on-year to $6.51bn (£4.75m) in Q2 FY21. The new Asda…

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Asda eyes former M&S boss for chief exec role

Asda is reportedly looking to Lord Rose of Monewden, the former boss of Marks and Spencer, as its new chief…

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Asda to stock Missguided brand through new partnership

George at Asda has launched a partnership with online fashion brand Missguided that will see the brand be sold in…

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Grocery sales fall 4% as pre pandemic habits return

Grocery sales fell by 4.0% during the 12 weeks to 8 August 2021 compared with the same time last year…

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Issa brothers eye retail veteran Ian McLeod as Asda chief

Asda owners, the Issa Brothers, are reportedly considering former Halfords boss Ian McLeod as the supermarket chain’s new chief executive. …

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Morrisons to close on Boxing Day for the first time ever

Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their…

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Asda invests in Lean Kitchen Network

Asda has announced that it has made an equity investment in Lean Kitchen Network (LKN), a digital brand creation and…

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