Asda

Asda and Usdaw sign collective bargaining agreement

Asda and Usdaw have signed a collective bargaining agreement that will see the union represent hourly-paid employees in the convenience…

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Today’s news in brief- 3/1/24

Asda has appointed Matt Kelleher, former Chief Information Officer at Morrisons, as its first Chief Digital Officer. Kelleher will be…

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Asda appoints new chief digital officer from Morrisons

Asda has appointed Matt Kelleher as its first chief digital officer with the aim to evolve how it uses data…

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Asda’s interest bill to exceed £400m

Asda is set to see its debt interest bill exceed £400m by early next year as a result of rising…

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Asda opens 81 Express stores ahead of Christmas

Asda has opened a record 81 new Asda Express stores in December in a bid to bring Asda value to…

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Asda lorry strikes could lead to Xmas food shortages, union warns

Asda may face food shortages over the festive period following strike action amongst its lorry drivers. It comes as Unite…

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EG Group EBITDA falls to $345m in Q3 following Asda acquisition

EG Group, the global food services and petrol forecourts operator, has revealed that its EBITDA dipped 18% to $345m (£272m)…

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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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