Mohsin Issa news, comment and analysis – Page 5
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NewsMedia Bites 20 July: Asda, inflation, Cake Box
Asda executives were accused of damaging the company’s brand after an “extraordinary” meeting with MPs at which they were reprimanded for not “complying” with a string of questions.
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NewsAsda recalled for second MP grilling over ‘fire and rehire’ tactics
Asda co-owner Mohsin Issa said he was ‘disappointed’ after the committee requested more evidence
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NewsMedia Bites 6 July: Asda, Waitrose, Diageo
Asda has been summoned to appear before MPs again after “discrepancies” emerged over its fuel pricing strategy and “unclear” fire-and-rehire policy.
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Comment & OpinionThe three big questions raised by CMA fuel finder price comparison proposals
A landmark day for motorists as it promises transparency but questions remain
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Comment & OpinionUK retail sector is one of the most competitive and innovative in the world
Customers have the final say by voting with their feet, says The Grocer’s guest editor Kris Comerford
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Analysis & FeaturesChief commercial officer Kris Comerford lifts the lid on Asda’s plans
The Grocer’s guest editor Kris Comerford discusses Mohsin Issa, Asda’s debt pile, availability and the possibility of a ‘Rewards Prices’ scheme
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NewsMedia Bites 15 June: Asda, Bestway, UK economy
A quiet morning in the papers but there is coverage of an Asda stores sell-off.
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Analysis & FeaturesAsda’s EG Group acquisition: everything you need to know
Asda has acquired EG Group’s UK & Ireland operations, and sees a ‘huge runway’ for growth to become the UK’s second-largest grocer again
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Grocer 33Asda lives up to owner’s pledge to remain cheapest supermarket
Asda co-owner Mohsin Issa pledged to maintain its position as the cheapest of the traditional big four
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NewsAsda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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NewsCity snapshot: Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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NewsAsda owners the Issa brothers announce ‘resilient’ full year results
Owners the billionaire Issa brothers said its investments in price reductions and the launch of its Just Essentials budget range had proved a drag on profits
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NewsCMA raises concerns over 13 sites in Asda’s deal to buy Co-op forecourts
Asda had argued competition concerns would not arise as the deal would allow it to bring its low-cost pricing model to more customers
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Comment & OpinionWhy Asda’s Ken Towle threw in the towel
A year is not a lot of time at one of the top jobs in grocery. And certainly a short timeframe to throw in the towel, even if it is by “mutual decision” with your ultra-demanding billionaire boss
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NewsKen Towle leaves Asda just a year after move from Nisa
Towle, a former Tesco veteran, had been charged by Asda’s owners the Issa brothers with the turnaround of stores
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NewsAsda moves from bottom to top of supermarket pay league with 10% increase
Asda stressed the new rates exceeded national living wage and real living wage rates. The move follows an 8% pay increase for hourly-paid retail roles during 2022
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NewsEarthquake support: supermarkets rally to aid Turkey and Syria relief efforts
Asda, Sainsbury’s, Aldi and Co-op are among those to have publicly announced donations
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NewsAsda expands kids and over-60s £1 café deal until spring
Since Asda launched the two initiatives last year, it has served over 1.2 million meals to kids and over-60s from its cafés nationwide
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NewsAsda planning huge recruitment drive to staff new Express stores
Asda is looking to bring the Express concept and its value-led goods to more customers in convenient neighbourhood and residential settings
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NewsAsda serves millionth £1 meal in kids and OAPs offer
Asda also revealed 73% of the sales of the meals came from customers who were new visitors to the Asda Café, including a third who were completely new to Asda