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Sainsbury's warns on profit growth as it reports full year numbers
By City AM
The supermarket giant reported retail underlying operating profit of 拢1.036bn in the 52 weeks ended March 1, up 7.2 per cent from 拢966m last year
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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
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Brits spent nearly 拢1bn on Valentine's Day as couples opt for home celebrations
By City AM
Brits spent almost 拢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.
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Supermarkets see varied fortunes amid rising sales with Asda continuing to struggle
By City AM
Sales at 海角视频 supermarkets rose above inflation in February as shoppers looked for ways to treat themselves.
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TDR Capital to refinance education provider BPP after 拢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
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Asda equal pay dispute advances as 海角视频 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
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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
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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
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Sale Sharks co-owner Simon Orange sells 拢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
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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 海角视频 economy's "general decline"
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Car retailer Cinch's sales drop below 拢1bn as used vehicle prices fall
South East
For the 12 months to 31 March, 2024, Cinch posted a revenue of 拢932.5m, down from the 拢1.01bn it achieved in the prior year
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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
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Asda announce return of former boss to succeed Lord Stuart Rose
Retail
Allan Leighton will return to the grocery giant after 24 years
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Wales has the lowest employment rate in the 海角视频
Wales
New figures from the ONS also show a rise in Welsh unemployment
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Asda to cut 475 office jobs and tells staff to return to desks
Retail & High Street
The overhaul of its operations comes as the 海角视频'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.
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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'
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Manchester digital leader Code Computerlove rebrands as EM Code
Asda
Move follows seven-year integration with EssenceMediacom North
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Asda takeover completes as billionaire Zuber Issa officially sells shares in supermarket
Asda
The deal was first announced in June
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Wyke Farms cheese unveils new look days after top award win
Somerset
The historic Somerset-based cheese and butter maker has updated its packaging
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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
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Asda bolsters leadership with new hires from Morrisons and M&S to drive recovery
By City AM
The appointments add to two other executives hires from Iceland, Andrew Staniland and David Devaney, who will join as VPs next year
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Lidl to open huge new supermarket just off M60 as part of 海角视频 expansion
North West
The proposed site will cover nearly 2,000 square metres
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Leon's financial woes deepen with 拢19.5m loss under Asda ownership
By City AM
The restaurant chain was sold by the billionaire Issa brothers to Asda in 2023, but new accounts have revealed the extent to which it made a loss before the sale
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Riverford slams supermarkets over 'farmwashing' and warns British farmers 'on the brink'
Retail
An open letter has been sent to the chief executives of Tesco, Aldi, Lidl, Morrisons, Sainsbury's and Asda calling on them to end 'unethical' marketing practices
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