Asda Owner Suffers Near £600m Loss Amid Falling Sales and IT Migration Challenges
Asda's parent company, Bellis Finco, reported a near £600 million pre-tax loss last year due to falling sales, heavy...
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Asda's parent company, Bellis Finco, reported a near £600 million pre-tax loss last year due to falling sales, heavy...
Asda co-owner Mohsin Issa has stepped down as CEO of EG Group, ahead of its $13bn initial public offering...
Asda plans to open 25 new convenience stores between June and December, marking a significant push in its strategy...
In a surprising turn of events, Asda has avoided penalties despite missing the deadline for separating its IT systems...
Allan Leighton, former Asda chair, resumes the search for a new CEO after Lord Rose's unsuccessful attempt, according to...
Asda's chair Allan Leighton resumes the search for a new CEO after Lord Rose's unsuccessful attempt. He aims to...
Billionaire brothers Mohsin and Zuber Issa plan to take their petrol station empire, EG Group, public with a New...
In a potential $14 billion deal, the Issa brothers are considering floating their petrol station empire EG Group in...
Asda's private equity owner TDR Capital received a £44 million payout despite the supermarket chain's ongoing struggles, with sales...
Asda welcomes back Allan Leighton as executive chair, succeeding Stuart Rose, who will temporarily stay on the board for...