Mohsin Issa news, comment and analysis
Mohsin Issa is co-owner & CEO of Asda, and a co-founder of EG Group co-founder. He and his brother Zuber make up the Issa brothers, and together led the buyout of Asda from Walmart. The Grocer covers Asda, Issa and EG Group in news, comment and analysis.
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Comment & OpinionWhat the M&S cyberattack tells us about modern crisis comms
In an era where engagement, not accuracy, determines reach, crisis comms cannot be confined to corporate statements and press releases, says Scott Sadeghian-Tehrani, media strategy director at 26PMX
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NewsEG Group profits sink due to ‘adverse weather’
Fuel volumes fell 2.9% due to problems in the US and Germany, plus reduced demand in Australia
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NewsMohsin Issa steps down as CEO of EG Group
Issa will retain a ‘substantial minority shareholding’ and remain as non-executive director of the business
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NewsMedia Bites 28 April: M&S cyber attack, Mohsin Issa, US trade deal
M&S has suffered a “bruise” to its reputation, an analyst cited by the BBC has said
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NewsMedia Bites 13 March: Asda, shoplifting, Trump tariffs fallout
The Telegraph has picked up on the latest round of Asda job cuts, while the BRC’s latest shoplifting figures are causing consternation
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NewsColeen Rooney launches Holland & Barrett partnership with Applied Nutrition
The retailer has signed a joint business plan with Applied Nutrition to ramp up its supplements offer and get ‘early’ access to NPD
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NewsAsda claims Walmart’s full support as IT extraction deadline and fines loom
When will Asda’s ‘Project Future’ – dubbed Europe’s largest systems implementation programme – complete?
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NewsMedia bites 20 January: Lord Rose vs WFH, Asda IT woes, angry publicans
All the retail news from Monday 20 January
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NewsEG Group refinances $3.5bn of loans to unlock investment cash
Forecourt giant EG Group has refinanced $3.5bn of debt as it continues to deleverage and unlock additional cash to invest in the business
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NewsAsda goes ‘back to the future – with modernity’ as Allan Leighton returns
Retail veteran Allan Leighton was previously Asda’s CEO in the late 90s
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NewsEG Group clears immediate debt burden with sale of UK forecourts
Founded by the Issa Brothers in 2001, EG Group is several billion pounds in debt
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NewsAsda data breach warning after job cuts from tech team insider
‘Asda will get a massive data breach and we all know it’
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NewsAsda boss Stuart Rose admits 470 job cuts will draw criticism but says ‘that’s life’
‘Clearly those people who are leaving the businesses probably won‘t be very polite about me but that’s life,’ said Rose
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Comment & OpinionWhy Asda’s bleak Christmas message to staff is so brutal
It never looks great, even for an industry stalwart like Asda’s Stuart Rose, to be seen making store improvements at the expense of staff
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NewsAsda cuts almost 500 head office jobs as it orders staff back to office
The changes are understood to apply to more than 5,000 of Asda’s head office workers across three different locations in Leeds and Leicester
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Category ReportProtein gets the feelgood factor: protein trends 2024
Protein isn’t just for gym rats. Growing numbers of Brits are upping their intake for general health and to ‘feel good’
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NewsMedia Bites 17 October: M&S, BrewDog, Tate & Lyle
A busy morning in the papers for fmcg sees a spotlight on the latest NIQ supermarket data, BrewDog financial results and takeover speculation at Tate & Lyle
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NewsApplied Nutrition hopes for £400m valuation as Mohsin Issa commits to IPO
Applied Nutrition has revealed Asda owner Mohsin Issa is committed to the group’s upcoming London IPO, which will see the sports supplements brand valued at up to £400m
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NewsMedia Bites 30 September: Applied Nutrition, EPR, Tropicana, Asda
There’s plenty of headlines to catch up on in this weekend’s papers
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Comment & OpinionWho are the runners and riders for the Asda CEO role?
Lionel Desclée, Andy Clarke and Steve Murrells among the runners and riders for the vacant CEO role