º£½ÇÊÓƵ

Load mobile navigation

Asda

EG Group's profits plunge ahead of £13bn New York IPO
North West
The EG Group, which is co-owned by Asda backer Mohsin Issa, is planning a $13bn float in New York
Bookmark
Asda reports 5.9% sales drop but sees 'good progress' under new strategy
By City AM
The Leeds-headquartered chain has reported a revenue - excluding fuel - of £5bn for the three months to 31 March, 2025, the first quarter of its financial year.
Bookmark
Ocado crowned Britain's fastest growing grocer as º£½ÇÊÓƵ faces highest grocery inflation in over a year
By City AM
Grocery inflation shot up to 4.1 per cent in May, driven by chocolate and suncare products in the hottest start to the month on record
Bookmark
Zuber Issa backs famous oil brand Duckhams – and says Bolton business 'has immense potential for growth'
Issa Brothers
Duckhams has 126-year history and long track record in motorsports
Bookmark
Sainsbury's warns on profit growth as it reports full year numbers
By City AM
The supermarket giant reported retail underlying operating profit of £1.036bn in the 52 weeks ended March 1, up 7.2 per cent from £966m last year
Bookmark
Asda owner TDR Capital weighs up huge sale which could impact millions of Brits
By City AM
Private equity giant TDR Capital, which is the majority owner of the supermarket giant, is looking to offload the gym chain to itself, it has been reported
Bookmark
Brits spent nearly £1bn on Valentine's Day as couples opt for home celebrations
By City AM
Brits spent almost £1bn on Valentine's Day this year as they sought to create a special occasion at home rather than at a restaurant, new research has shown.
Bookmark
Supermarkets see varied fortunes amid rising sales with Asda continuing to struggle
By City AM
Sales at º£½ÇÊÓƵ supermarkets rose above inflation in February as shoppers looked for ways to treat themselves.
Bookmark
TDR Capital to refinance education provider BPP after £2.5bn sale fails
By City AM
TDR Capital is preparing to refinance BPP Holdings, the provider of professional and academic education, after failing to sell the educational training institution
Bookmark
Asda equal pay dispute advances as º£½ÇÊÓƵ supermarkets look on nervously
By City AM
The case alleges that store workers, most of whom are women, are on lower hourly pay rates than staff in Asda warehouses, which is male dominated
Bookmark
Zuber Issa vows to grow a new 'retail powerhouse' after EG On The Move completes deal for almost 100 sites
North West
Seller Applegreen will focus on its Welcome Break business
Bookmark
Business chief says 'firms are closing' as he blasts 'appalling' roadworks impact
North West
David Gould, of Rawtenstall Chamber of Commerce, complained about work on the town's 'gyratory' road system
Bookmark
Sale Sharks co-owner Simon Orange sells £1bn empire to Asda backer TDR Capital
By City AM
The deal will see private equity giant TDR Capital take a majority stake in CorpAcq, which was set up by Simon Orange in 2006 and has more than 40 businesses in its portfolio
Bookmark
Home workers are 'not doing proper work' - says ex Asda and M&S boss
By City AM
Lord Rose, a Conservative life peer and former CEO of Asda, believes that remote working is contributing to the º£½ÇÊÓƵ economy's "general decline"
Bookmark
Car retailer Cinch's sales drop below £1bn as used vehicle prices fall
South East
For the 12 months to 31 March, 2024, Cinch posted a revenue of £932.5m, down from the £1.01bn it achieved in the prior year
Bookmark
Tesco and Sainsbury's loyalty schemes help shoppers save, says regulator
By City AM
The Competition and Markets Authority has been investigating loyalty schemes at major supermarkets including Tesco, Sainsbury's, Asda, Morrisons and Waitrose since November last year
Bookmark
Asda announce return of former boss to succeed Lord Stuart Rose
Retail
Allan Leighton will return to the grocery giant after 24 years
Bookmark
Wales has the lowest employment rate in the º£½ÇÊÓƵ
Wales
New figures from the ONS also show a rise in Welsh unemployment
Bookmark
Asda to cut 475 office jobs and tells staff to return to desks
Retail & High Street
The overhaul of its operations comes as the º£½ÇÊÓƵ's third largest supermarket chain looks to arrest a slump in sales over recent months, and after the latest change in leadership at the private equity-owned retailer.
Bookmark
Asda to slash head office roles, enforce three-day office policy in sweeping corporate restructuring
By City AM
The supermarket is making a raft of changes at its head office - including cutting roles and demanding staff return to the office three days a week in a bid to 'strengthen its position for 2025'
Bookmark
Manchester digital leader Code Computerlove rebrands as EM Code
Asda
Move follows seven-year integration with EssenceMediacom North
Bookmark
Asda takeover completes as billionaire Zuber Issa officially sells shares in supermarket
Asda
The deal was first announced in June
Bookmark
Wyke Farms cheese unveils new look days after top award win
Somerset
The historic Somerset-based cheese and butter maker has updated its packaging
Bookmark
North East business life: community, award and charity events of the week
People
Companies featuring this week include Hanro, Naylors Gavin Black, Hay & Kilner, The Banks Group, OnPath Energy and David Wilson Homes
Bookmark
Story Saved
You can find this story in  My Bookmarks.Or by navigating to the user icon in the top right.