Asda

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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M&S bolsters clothing business with senior hires

Marks and Spencer has announced it is strengthening its Clothing and Home leadership team through two new hires, who are…

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EG Group to acquire Asda’s forecourt business in £750m deal

The EG Group, part of the consortium that is set to acquire ‘Big Four’ Grocer Asda in a £6.8bn deal,…

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Asda prioritises deliveries to support 5,000 nurseries

Asda has announced that it will now be offering priority access to slots in order to support 5,000 nurseries which…

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Supermarkets, the unsung heroes

Of all the many seismic changes that 2020 has precipitated, one that may have gone under the radar of most…

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EG Group appoints Lord Stuart Rose as chair

The Issa Brothers’ EG Group has announced the appointment of Lord Stuart Rose as non-executive chairman with immediate effect. Lord…

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Asda paid Walmart £1.1bn dividend before sale, accounts reveal

Asda paid an intercompany cash dividend of £1.15bn to former parent company Walmart in March this year, despite profits being…

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