Asda: latest news, analysis and trading updates | Retail Week
Retail Week provides news, analysis, features and opinion about Asda and the grocery sector. Asda has announced the appointment of David Lepley as its new chief supply chain officer, a newly created role it outlined last week.
Asda to cut 475 jobs and reduce hybrid working - BBC
Nov 6, 2024 · Asda has confirmed 475 roles at their head offices in Leeds and Leicestershire will be cut and hybrid working reduced as part of a business restructure. The retailer said the move, which would...
Asda News | Asda Latest News - NewsNow
Latest news on Asda Stores Ltd., a British supermarket chain founded in 1949, including updates on store openings and closures, Asda deals and product news.
Asda announces record £150m investment to become highest …
Jan 3, 2024 · Asda has today announced proposals for a record £150m investment in its retail pay offer to become the highest paying UK grocery retailer as it opens its landmark 1,000th UK store. Today’s announcement will see an 8.4% increase for hourly-paid store colleagues, with rates rising to £12.04 from 1st July**.
Asda relaunches long-running search for new boss - Yahoo Finance
1 day ago · Allan Leighton has relaunched Asda’s search for a new chief executive, as the supermarket’s new chairman attempts to stamp his authority on the business.
TDR Capital to become majority owner of Asda
Jul 6, 2024 · Funds managed by TDR Capital LLP, a leading UK-based private equity firm, have today announced that they have agreed to acquire Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital. This brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart Inc.
Asda - BBC News
Oct 7, 2024 · Supermarkets are beginning to question the divisive technology after years of criticism from shoppers. All the latest content about Asda from the BBC.
TDR to acquire majority stake in Asda as Issa brothers split empire
Jun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the...
Asda delivers more than £1bn of underlying profit and significant ...
Monday 22nd April – Asda has today announced its full year results for the period ending 31 December 2023 – delivering a 24% increase in adjusted EBITDA after rent to £1.078bn driven by like-for-like sales growth from its continued focus on value for customers, and the impact of strategic acquisitions.
Asda risks multimillion-pound fine over Mohsin Issa's botched IT …
Jan 18, 2025 · Asda risks multimillion-pound fine over Mohsin Issa’s botched IT upgrade Supermarket in danger of missing February deadline to complete tech overhaul spearheaded by co-owner