Asda

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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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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The five key skills you need for a successful merger

The proposed £12bn merger of supermarket giants Sainsbury’s and Asda is arguably a watershed moment for the retail and grocery…

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Tesco and Carrefour to form ‘strategic alliance’

Tesco and Carrefour are to form a “strategic alliance” in order to offer “even lower prices” and “improve the quality…

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British grocery market sees two years’ consecutive growth

Britain’s grocery sector has grown for two consecutive years, according to the latest grocery market share figures from Kantar Worldpanel…

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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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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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Tesco’s sales rise with Booker’s acquisition

Tesco has increased its sales for the 10th quarter in the three-months to 26 May, meaning its acquisition of wholesaler…

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Sainsbury’s promotes Clodagh Moriarty to new digital role

Sainsbury’s has promoted Clodagh Moriarty to its operating board as group chief digital officer with immediate effect. Moriarty will create…

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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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