Asda

Asda cuts debt as Q3 sales slow

Asda has announced that it has shaved £300m off its debt pile during the third quarter of the year while…

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Today’s news in brief-1/11/23

Asda has successfully finalised its acquisition of EG Group’s UK business, a deal valued at a substantial £2bn. This strategic…

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Asda acquires EG Group’s UK business for £2bn

Asda has completed its acquisition of EG Group’s UK business in a deal valued at £2bn.  The move has seen…

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Today’s news in brief-05/10/23

Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT…

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Asda signs TCS deal to overhaul IT operating model

Asda has signed a multi-year partnership with Tata Consultancy Services (TCS) to support its digital transformation and implement a new…

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MPs to quiz Asda boss on fuel price competition

Members of Parliament are set to question Mohsin Issa, co-owner of Asda, on comments from one of his lieutenants over…

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CMA issues £60,000 fine to Asda over fuel price probe failure

The Competitions and Market Authority (CMA) has fined Asda £60,000 for failing to provide information for its fuel pricing probe…

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Asda acquires EG Group UK for £2.27bn

Asda has announced that it has acquired the majority of EG Group’s UK and Ireland fuel, foodservice, grocery and merchandise…

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Asda owners set to announce £10bn merger with EG Group

The owners of Asda are said to be in the final stages of completing a £10bn merger between the supermarket…

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Asda to trial driverless deliveries in London

Asda has partnered with Wayve self-driving vehicles in a year-long trial that will give the supermarket the ability to autonomously…

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