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Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

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Currys appoints Fredrik Tønnesen as Group CEO

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Inditex sales rise 5.8% after strong start to summer trading

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EG Group

This coverage explores EG Group’s role and strategy within the UK retail sector, focusing on convenience retail, fuel stations, food-to-go operations, acquisitions, and financial developments. Reporting examines leadership decisions, market positioning, and integration of retail formats, offering insights for executives, managers, and professionals navigating multi-format and fast-moving retail environments.

EG Group

This coverage explores EG Group’s role and strategy within the UK retail sector, focusing on convenience retail, fuel stations, food-to-go operations, acquisitions, and financial developments. Reporting examines leadership decisions, market positioning, and integration of retail formats, offering insights for executives, managers, and professionals navigating multi-format and fast-moving retail environments.

Today’s news in brief-15/11/23

Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the…

Asda cuts debt as Q3 sales slow

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

Today’s news in brief-1/11/23

Asda has successfully finalised its acquisition of EG Group’s UK business, a deal…

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. 

Asda rebrands first 11 Co-op sites into Express stores

Asda has launched its programme to convert 116 convenience stores and attached petrol…

Morrisons considers offloading petrol forecourts in £2.5bn deal

Morrisons is considering offloading its 340 fuel retail sites in a £2.5bn acquisition by…

EG Group offloads 63 convenience stores in the US  

EG America, a subsidiary of EG Group, has agreed to sell 63 of its US convenience stores to…

From Tesco to tiles: The eight largest mergers and acquisitions of 2023

This year has seen a large number of M&A deals in the retail industry. In fact, the…

Issa Brothers near £650m Asda property sale

Mohsin and Zuber Issa are on the brink of selling a part of Asda’s property portfolio to a…

Asda to freeze prices on more than 500 products

Asda has announced that it has frozen the prices of over 500 branded and own-branded…