Asda

British Supermarkets Forgo Business Rates Relief Again

Britain's big four supermarket groups - market leader Tesco, Sainsbury's, Asda and Morrisons - said on Wednesday they would forgo business rates relief gra...

Asda Announces New Transformation Plan, Likely To Affect 5,000 Jobs

UK retailer Asda has unveiled a new business transformation plan that could affect 5,000 jobs. The transformation plan aims to align the business to the...

Asda's Performance Indicates Challenges Facing New Owners, Say Analysts

Asda's quarterly and Christmas performance shows that new owners Mohsin and Zuber Issa, along with private equity group TDR Capital, have their work cut ou...

Britain's Asda Sees Sales Rise 5.1% In Christmas Quarter

Britain's third largest supermarket group Asda, now owned by the Issa brothers and private equity group TDR, on Thursday reported a 5.1% rise in same...

UK Regulator To Rule On Issa Brothers' £6.8bn Asda Deal By 20 April

Britain's competition regulator has set a 20 April deadline for a preliminary decision on the Issa brothers and TDR Capital's purchase of supermarket group...

Asda Opens Second In-Store Covid Vaccination Centre

UK retailer Asda has opened its second COVID-19 vaccination centre, one week on from becoming the first UK supermarket to administer the vaccine through it...

Britain's EG Group To Buy Asda's Petrol Stations For £750m

The Issa brothers and TDR Capital will offload Asda's petrol stations to their own EG Group for £750 million ($1.02 billion) when their purchase...

Asda Plans To Open In-Store COVID-19 Vaccination Centre

UK retailer Asda has announced plans to open an in-store COVID-19 vaccination centre in an in-store pharmacy in Birmingham. NHS England has selecte...