EG Group
This coverage explores EG Groupโs 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.
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May- 2022 -6 MaySupermarkets
McCollโs collapse โincreasingly likelyโ, 16,000 jobs at risk
McCollโs has warned that it is โincreasingly likelyโ that the group will collapse into administration, in a move that could place 16,000 jobs at risk.ย ย The groupโs statement, which came in response to recent press speculation, said a third-party buyer would be sought if it was placed into administration, adding…
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3 MayHigh Street
Asda owners in talks to sell ยฃ13bn EG Group
Asda owners the Issa brothers are reportedly in talks to merge their EG petrol forecourt business with Canadian convenience store giant Couche-Tard, according to the Wall Street Journal. Couche-Tard, which runs 7,000 convenience stores in the U.S. and as many abroad, EG Group have traded proposals in recent weeks that…
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Apr- 2022 -22 AprilNews
EG to deliver 32,000 jobs globally amid foodservice expansion
EG Group has announced plans to create more than 32,000 jobs globally over a five-year period. According to the group it will be driven by a โsustained investmentโ in its foodservice business. To supplement this expansion strategy, EG has added to the pay and benefits colleagues receive and this month…
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Mar- 2022 -21 MarchSupermarkets
Asda unveils largest Asda On the Move store
Asda has unveiled its largest store on an EG Group petrol filling station to date with the opening of a 5,000 square feet Asda On the Move store in Nottinghamshire. The new store offers over 2,500 Asda own brand and branded items, including Extra Special, fresh and chilled products, alongside…
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Feb- 2022 -8 FebruaryNews
EG Group to provide 500 apprenticeships over three years
EG Group has announced its โambitious plansโ to create opportunities for 500 apprentices over a three-year period. The announcement comes as part of its wider ongoing commitment to train and develop colleagues across the UK. Opportunities will be available at EGโs head office, as well as with its proprietary brands…
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Nov- 2021 -25 NovemberPeople Moves
Asda unveils new board appointments
Asda has appointed Lord Rose as its new chairman and Dame Alison Carnwath as non-executive director, with both appointments taking effect from 1 December. Rose is currently chairman of Zenith Automotive and the EG Group. Previously, he was CEO and executive chairman of Marks and Spencer, and he has also…
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1 NovemberSupermarkets
Asda owners considering European convenience store debut
Asda owners, the EG Group, are reportedly considering expanding its convenience store chain into the European market in an โinternational firstโ, according to The Times. The Issa brothers, Mohsin and Zuber, are said to be โexploringโ whether the supermarket giantโs convenience store chain, โAsda On the Moveโ could open across…
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Oct- 2021 -19 OctoberSupermarkets
EG Group backs out of ยฃ750m Asda forecourt business deal
The owners of EG Group, who bought out Asda in a ยฃ6.8bn takeover, have revealed that they will no longer be acquiring the grocerโs forecourt business in a ยฃ750m deal. The Issa brothers Zuber and Mohsin, had previously agreed to purchase the supermarket chains petrol filling stations, car wash sites…
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18 OctoberHigh Street
Asda opens first premium store in partnership with EG Group
Asda has announced the opening of its first premium site in partnership with EG Group in Beaconsfield, one of four premium Asda On The Move (AOTM) sites to open this year. The store is located on EG Groupโs Oxford Road forecourt in Beaconsfield, Buckinghamshire and stocks 2,500 products including a…
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Sep- 2021 -10 SeptemberSupermarkets
Asda owners mull ยฃ10.8bn EG Group sale
TDR Capital and the Issa brothers, the new owners of Asda, are reportedly considering their options – including a possible sale – of its petrol station company the EG Group.ย According to Bloomberg, the company has appointed advisers including Rothschild and Co, Goldman Sachs and Morgan Stanley, to help consider…
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