Asda fiasco will kill the mega buyout for a generation
The prices are not great. The range of products is indifferent, and the stores are often drab, with too few staff. There is ...
Asda’s woes deepen after co-owner of UK’s third-largest supermarket steps back
Mohsin Issa will relinquish responsibility amid faltering performance, with former M&S boss Stuart Rose stepping in ...
Asda's Billionaire Issa Brother Era Is Drawing to a Close
Asda has been the worst-performing British supermarket over recent months. It’s time for a radical turnaround.
Lord Rose takes control of Asda after ‘embarrassing’ performance under Issas
Asda chairman Lord Rose has taken control of the struggling supermarket after Mohsin Issa formally stepped down as chief ...
Asda announces major change at the top amid sales slump at supermarket giant
Asda said Mohsin Issa will this week leave his executive role to concentrate on his recently announced move to become sole ...
Stuart Rose fights to revive Asda, the private equity BASKET CASE
With his brother Zuber and private equity group TDR Capital, Mohsin backed a £6.8 billion buyout in 2022 that saddled Asda ...
UK's Asda says retail veteran Stuart Rose to lead business
British supermarket group Asda said on Wednesday its chairman, veteran retailer Stuart Rose, would assume the executive ...
Big changes at the top of Asda as supermarket battles fall in sales
The billionaire co-owner of Asda is to quit his oversight role at the struggling grocer this week, with still no sign of a ...
Asda shoppers rush to buy ‘absolute bargain’ garden furniture scanning for 50% less at the checkout
SHOPPERS are dashing to Asda to bag a half price garden furniture bargain. The multi-position relaxer chair is now scanning ...
Huge change at Sainsbury’s and Asda petrol stations as customers hit with new rules for buying pay-at-the-pump fuel
A HUGE change at supermarket petrol stations means customers are to be hit with new rules for buying pay-at-the-pump fuel.
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Asda co-owner Mohsin Issa steps back as hunt for CEO continues
Asda co-owner Mohsin Issa has confirmed he will step down from running the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team. Asda said Mr Issa will ...
Asda and Post Office resignations show it’s tough at the top
The other big retail news surrounds Nick Read’s resignation as CEO of the Post Office. And it’s been a similarly bruising ...