EG Group

Zuber Issa set to acquire EG Group UK arm

Zuber Issa is set to acquire the UK arm of EG Group showing further signs of the Issa brothers business…

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Today’s news in brief-8/4/24

The John Lewis Partnership has chosen Jason Tarry, former UK boss of Tesco, as its new chairman. Tarry, with over…

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Zuber Issa considering stepping down as EG Group co-CEO

EG Group co-founder Zuber Issa is reportedl considering stepping down as co-chief executive officer, leaving the company in the hands…

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Today’s news in brief-5/3/24

According to the British Retail Consortium (BRC), total retail sales rose by 1.1% in February year-on-year, attributed partly to February…

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Issa brothers scale back EG Group investment to cut debts

Asda owners the Issa brothers have reportedly scaled back investment in their petrol forecourts business EG Group in a bid…

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Asda co-owner to step back after ‘fixing’ supermarket

Asda co-owner Mohsin Issa has announced that he is set to step back from running the business after “fixing” it.…

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Today’s news in brief-6/2/24

Revolution Beauty has settled a dispute with its former CEO and co-founder, Adam Minto. Minto will pay the company £2.9m…

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Asda to open 110 stores in February

Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate…

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Today’s news in brief-5/2/24

Authentic Brands, the owner of Ted Baker, is reportedly exploring cost-saving options after terminating its relationship with AARC, the company…

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Issa brother mulls sale of Asda stake 

One of the Issa brothers is reportedly planning to offload his stake in Asda and instead focus on EG Group’s…

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