Mohsin Issa news, comment and analysis – Page 4
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NewsMedia Bites 29 January: John Lewis Partnership, Brexit border controls, disposable vapes
The John Lewis Partnership has raised £260 million to help fund its turnaround as the struggling mutual prepares to cut as many as 11,000 jobs
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NewsAsda in double raid on Morrisons as it appoints its first chief digital officer
Morrisons chief information officer Matt Kelleher will join the Issa brothers-run supermarket in July
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NewsMedia Bites 20 December: Asda, Anadolu Efes, ABF
The papers focus on the latest appearance of Mohsin Issa before MPs at the business and trade committee
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NewsEG Group sells UK KFC franchise to Yum Brands
EG Group has sold its 218 KFC franchise restaurants in the UK to KFC owner Yum Brands to continue to pay down debt
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NewsCity Snapshot: Profits fall at EG Group in ‘competitive’ fuel market
Profits have fallen at forecourt operator EG Group on the back of lower third quarter volumes. Plus, Rémy Cointreau publishes first-half results.
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NewsMedia Bites 23 November: Autumn Statement, Asda, Britvic
The papers this morning are dominated by yesterday’s Autmn Statement.
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NewsAsda sales growth shrinks but so does its debt leverage
It represents a slowing of growth compared with its second quarter – when it saw like-for-like sales rise 9.6% – despite continued investment in lowering prices
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Analysis & FeaturesWho holds the power at Britain’s biggest supermarkets?
From established giants to emerging disruptors, billionaires to loyal ladder climbers. Journey through the boardrooms of the country’s leading supermarkets
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NewsAsda completes £2bn acquisition of EG Group’s UK business
It will see Asda Express rolled out across EG Group’s 356 petrol stations, while 462 Greggs, Burger King and Subway outlets are transferred to the supermarket giant
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NewsMedia Bites 19 October: Sainsbury’s, Asda, inflation, Amazon
Sainsbury’s is axing all of its remaining recycling centres at around 250 of its stores across the UK, despite boasting of its commitment to making it easier for customers to recycle.
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NewsHome Bargains offering £500 reward for help in catching shoplifters
Shoppers can get the reward by calling the variety discounter’s confidential hotline with information leading to the ‘arrest and successful prosecution of anyone committing a criminal offence in our stores’
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NewsAsda accelerates move into convenience with first 11 Co-op conversions
The supermarket giant launched the first 11 sites last week, including in Yorkshire, Leicestershire, Lancashire, Somerset, London, Scotland, and Devon
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NewsAsda taps Tata for post-Walmart digital overhaul
TCS described the work as a ‘massive enterprise reinvention’
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News88 retail leaders send plea to home secretary for tougher action on crime
The CEOs of Tesco, Sainsbury’s, Morrisons and Aldi, along with Asda co-owner Mohsin Issa, are among retail leaders to have written to Suella Braverman
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NewsAldi marketing director David Hills joins Asda
Hills worked at the discounter from 2007, holding a number of senior commercial roles before taking up his position as marketing chief in 2012
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Comment & OpinionSupermarkets’ trust bust to be watched, but not worried about
Supermarkets received a tumbling trust score of 30, but it’s not to be worried about too much
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NewsAsda cuts carbon emissions but faces wait for Scope 3 target approval
Asda said it hoped to have a target approved by the SBTi, a collaboration including the UN and WWF, by the end of 2023
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NewsAsda sales up 9.6% year on year as Just Essentials range drives growth
Sales were up 9.6% year on year, including a 14.7% increase in own brand sales
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NewsMedia Bites 21 July: CMA, Wilko, M&S, Premier Foods
Another packed morning of fmcg news, with the papers covering the CMA findings on ‘greedflation’, M&S anger over the future of its Oxford Street store, and Premier Foods trading update.
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NewsSupermarkets called to make or break talks in fuel ‘rip-off’ row
Earlier this month the Competition & Markets Authority (CMA) announced plans for a fuel finder scheme