Asda

Co-op to hold ‘crunch talks’ over relief repayment

The Co-operative Group will reportedly hold a “crunch” board meeting next week to discuss whether it will repay £80m in…

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Sainsbury’s restructuring plan places 1,150 jobs at risk

Sainsbury’s has begun a restructuring process that will see 500 head office roles cut and a further 650 jobs placed…

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Grocery sales soar 15% in February

Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to…

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Asda’s new business plan puts 5,000 jobs at risk

Asda has announced it will transform parts of its business to focus more on online, putting 5,000 jobs at risk.…

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Asda owners consider George spin-off

Asda’s new owners are reportedly considering spinning off George, the fashion label developed by George Davies, in an attempt to…

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Asda reports sales boost thanks to strong Christmas performance

Asda has reported a solid sales boost in the fourth quarter ended 31 December, with like-for-like sales, excluding fuel, up…

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Regulator to rule on Issa Brothers’ Asda takeover

The Competition and Markets Authority (CMA) has set a deadline for 20 April for a decision on the acquisition of…

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Asda to donate 150,000 meals to children over half-term

Asda has announced that it will donate 150,000 meals to children over half-term break to help fight holiday hunger.  The…

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Asda to donate £2m to help fund apprenticeships

Asda has announced that in celebration of National Apprenticeship Week, it will donate £2m to small businesses to help fund…

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Issa brothers junk bond sale raises £2.75bn

The Issa brothers, Asda’s billionaire buyers, have raised a record-breaking £2.75bn through a sterling junk bond, as investors continue to…

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