EG Group

Asda targets Express expansion with new Caine store

Asda has announced plans to open a convenience store in Calne on Tuesday 23 May, which will mark the retailer’s…

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Asda and EG merger threatens food supply and jobs, says GMB

The merger between Asda and petrol forecourt business EG Group will threaten the UK’s food supply, fuel prices and 100,000…

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Issa brothers near £12bn Asda forecourts deal 

The billionaire owners of Asda are reportedly nearing the completion of a merger of the supermarket chain and its UK…

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Issa brothers mull sale of Asda properties as debt costs rise

The Issa brothers are reportedly planning to explore a sale of Asda’s £8.6bn property estate in a bid to tackle…

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EG Group revenues jump 25% to $33bn

Asda owners the Issa brothers’ EG Group has revealed its full-year revenues surged 25% to $33.04bn (£22.5bn), which it said…

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Castore in $200m fundraising talks in bid to rival Nike and Adidas

Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete…

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Asda owners eye potential £13bn EG Group merger

Asda owners Mohsin and Zuber Issa are reportedly considering merging the company with the EG Group ahead of EG’s £7bn…

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Leon to more than double self-serve coffee kiosks

Fast-food brand Leon has announced plans to more than double the number of its self-serve coffee kiosks in the UK…

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Asda opens first ‘Asda Express’ convenience store

Asda has opened its first standalone ‘Asda Express’ convenience store in Sutton Coldfield in the West Midlands, creating 17 new…

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EG Group profits hit by cost-of-living crisis in Q2

The Issa brothers-owned EG Group has seen its profits slump in Q2, as earnings fell by 6.5% to $355m (£307m)…

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