Mohsin Issa news, comment and analysis – Page 2
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NewsKristian Horabin to leave Asda in latest management departure
Horabin was hired from Aldi by Asda co-owner Mohsin Issa in June 2022 as VP of commercial food
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Comment & OpinionAsda and Post Office resignations show it’s tough at the top
Bruising experiences cannot hide mistakes
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NewsMedia Bites 19 September: Brexit labelling, Asda, John Lewis
As the government ends ‘not for EU’ labelling, the papers scrutinise Mohsin Issa’s decision to step down at Asda
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Comment & OpinionMohsin Issa’s departure hammers home need for Asda CEO
Sales figures from NIQ this week show just how badly Asda needs a steady hand
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NewsStuart Rose-led team to replace Mohsin Issa at helm of Asda
Rose, the former Marks & Spencer boss who became Asda chairman in 2021, will run Asda alongside Rob Hattrell, a partner at joint owner TDR Capital
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NewsAsda struggles ‘hurt my heart’ says former Walmart international boss Judith McKenna
McKenna spent 17 years at Asda, and led the £6.8bn majority sale to the Issa brothers and TDR
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NewsCity News: Asda disappoints again as pressure mounts on Mohsin Issa
Pressure is continuing to mount on Asda and owner Mohsin Issa as the latest industry data this week revealed a sharp slump in summer sales and more ground lost on market share
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NewsMedia Bites 14 August: Mars, Starbucks, Asda
Mars, the confectionery, food and petcare giant, has reportedly reached an agreement to acquire Pringles and Pop-Tarts maker Kellanova
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NewsMedia Bites 12 August: Asda, Carlsberg/Britvic, junk food taxes
Stuart Rose, the chairman of Asda, has said he is “embarrassed” by the supermarket’s declining market share and has called on owner Mohsin Issa to step back
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Comment & OpinionAsda’s ongoing malaise shows the need for a new CEO
Asda’s biggest priority at the moment is to convince an industry heavy-hitter to come on board as CEO
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NewsAsda promises to open more checkouts, improve availability and make stores cleaner
Announcing its Q2 results today, the supermarket revealed revenue excluding fuel was down 2.2%, with like-for-like sales down 5.3% over the period
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NewsUnion claims Asda’s £30m for stores is ‘drop in the ocean’
The GMB told The Grocer they had calculated at least £50m in cuts had been carried out by January of this year
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Analysis & FeaturesWhere is Morrisons going right, as Asda is going wrong?
Morrisons’ CEO Rami Baitiéh has staged improvements on price and availability, while Asda is facing falling sales and staff walkouts
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NewsMedia Bites 1 August: Asda, Chill Brands, Deliveroo
An emergency £30m cash injection into Asda makes the papers this morning
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Comment & OpinionWill an Asda reset reclaim worker and shopper affections?
It is a dramatic but necessary move by Asda, with the pressure mounting on Mohsin Issa and his TDR Capital backers
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NewsAsda admits it 'has to improve' as it announces major store reset
Co-owners Mohsin Issa and TDR Capital are under pressure to do something to reverse its falling market share
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NewsMedia Bites 30 July: Reckitt Benckiser, Heineken, Asda, Zoe, McDonald's
A busy morning in the papers for fmcg includes the latest woes for Reckitt, Heineken and Asda
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Comment & OpinionAsda’s move to scrap refills a sign of the crisis facing the industry’s war on plastic
Asda was always something of an unlikely poster child for the war on plastic
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NewsMedia Bites 9 July: Britvic/Carlsberg, Asda, tea prices
An agreement between Carlsberg and Britvic on a £3.3bn takeover makes headlines in today’s papers
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NewsAvailability improves at all the supermarkets except Asda
As the cost of living crisis recedes, supermarkets have done a better job in the past year at getting products on shelves