Asda news and analysis – Page 58
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NewsOnly 10 to 15 forecourts at risk in Asda-EG Group deal, claim experts
The number of forecourts at risk in a CMA review of the Asda buyout by EG Group’s owners barely reaches double figures
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NewsAsda trials e-vehicles for home deliveries in Cambridge
The pod on the vehicles has capacity to carry 10 full totes of shopping
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ProfilesWe are our own bosses now, no longer part of Walmart, says Asda CFO
Asda chief financial officer Rob McWilliam tells us everything we want to know following today’s announcement
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NewsEG Group founders and TDR Capital acquire majority stake in Asda
Current owner Walmart will keep a minority share in Asda, which will retain its current management under CEO Roger Burnley
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Analysis & FeaturesWhy does EG Group want to buy Asda and what will it do with it?
The deal with TDR Capital and the Issa brothers would put raw entrepreneurship and ambition in the driving seat at Asda
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Comment & OpinionAsda EG Group combo will reverberate through the grocery sector
With combined sales of £40bn, it will be the UK’s second-biggest retailer (by sales)
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NewsAsda launches new EDLP move to take on discounters
Asda has told suppliers it plans to take the fight to Aldi and Lidl
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NewsMedia Bites 30 Sep: Asda, Greggs, B&M
The investors hoping to gain control of Asda are being called on to guarantee the jobs of its 147,000 staff
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NewsEG Group owners take lead in £6.5bn race to buy Asda
The billionaire owners of forecourt operator EG Group have been tipped to be in pole position in the race to buy Asda
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Comment & OpinionSaddling Asda with piles of debt won’t help it through a recession
It’s clear that Tesco’s change of strategy over the summer, and the impact of Tesco’s Aldi Price Match, is rattling Asda almost as much as Aldi
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NewsGovernment backtracks on face mask rule for shopworkers
The industry expressed anger that the huge investment in protective screens may not prevent staff having to wear face coverings
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NewsAsda tightens Covid security as it says all staff will wear masks
The moves include the creation of a new army of Asda safety marshals stationed at the front of every store and in the aisles of larger stores
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NewsMedia Bites 23 September: Asda, coronavirus, AG Barr
Apollo is in pole position to take control of Britain’s third-biggest supermarket
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NewsAsda to become ‘first UK retailer to launch ambient vegan aisle’
Two bays will be entirely dedicated to 100 new plant-based products
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NewsAsda launches new convenience format Asda on the Move
The trial will start at three EG Group petrol station forecourts in the Midlands
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NewsAsda to trial in-store B&Q concessions
The concessions will offer a range of B&Q products in-store as well as click and collect
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NewsMorrisons takes price fight to Asda with cuts
Morrisons is now cheaper on over 50% of comparable lines in Asda’s latest rollback, new research for The Grocer shows
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NewsApollo, Lone Star and TDR enter bidding war to purchase Asda
All three made offers for the UK supermarket chain this week ahead of the deadline for bidding
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NewsAsda trials use of recyclable plastic fruit & veg bags at nine stores
The alternative reusable Veggio bags will be priced at 30p each
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NewsAsda ‘pocket tap’ ads return to promote thousands of new price reductions
The move is aimed at helping shoppers hit by the economic impact of the coronavirus