Asda

Asda sold at £6.8bn to billionaire Issa brothers

Walmart has confirmed the Issa brothers and TDR Capital have taken equal shareholdings in an acquisition of Asda which values…

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Lone Star drops out of Asda race

US private equity firm Lone Star has reportedly dropped out of the £6.5bn race to acquire Asda from Walmart. According…

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Is COVID-19 making retailers adopt packaging automation faster?

 If you’re an online retailer you are likely to have witnessed a peak in sales during the lockdown as more…

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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…

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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…

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Asda delivers ‘record’ online sales in Q2

Asda has announced that like-for-like sales, excluding fuel, increased by 3.8% year-on-year in the quarter ended 30 June. In its…

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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…

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UK retailers call for ‘urgent action’ to end labour exploitation

A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel,…

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Alex Russo appointed B&M CFO

Discount retailer B&M has appointed Alex Russo as CFO and executive director, with effect from 16 November 2020. Further to…

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Asda launches home delivery partnership with Uber Eats

Asda has announced its partnership with Uber Eats to offer customers “greater flexibility” and access to its products. The trial,…

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