Zuber Issa news, comment and analysis – Page 2
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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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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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NewsAsda rolls out new online ‘Store Assist’ picking technology
Asda said the solution was already “proving popular” with staff – 26,000 of whom had now been trained on 10,000 updated devices
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NewsCo-op signs franchise deal with Zuber Issa’s EG On The Move forecourt business
The agreement will see seven new Co-op franchise stores open this summer, with the first to launch in Ogden Road, Doncaster, on 11 July
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NewsMedia Bites 17 June: Tesco, E. coli outbreak, Morrisons
Tesco continued to win market share and grow volumes in the first quarter, leaving the grocery giant on target to hit its full-year sales target of £70bn
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NewsMedia Bites 10 June: Asda/Issa brothers, C&C Group, THG
Zuber Issa has finalised a split from his brother Mohsin by selling his stake in Asda to the supermarket chain’s private equity backer
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NewsTDR Capital becomes majority Asda owner by buying out Zuber Issa
TDR Capital has agreed to increase its stake in Asda to become majority owner after buying out the shares owned by Zuber Issa
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Analysis & FeaturesHow much are the top supermarket bosses paid?
From the lowest to the highest, here are the salaries of the UK’s leading supermarket bosses
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NewsRelations with suppliers at ‘all-time high’ says Asda owner Mohsin Issa
Issa said the support of suppliers was vital for the next phase of investment in prices and loyalty
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NewsMedia Bites 22 April: Asda, Unilever, Getir
Zuber Issa is close to selling his stake in Asda to TDR Capital in a deal that would tighten the private equity firm’s control over Britain’s third biggest supermarket chain
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NewsMedia Bites 8 April: Asda/Aldi, Ocado, Retail insolvencies
Aldi has overtaken Asda to become Britain’s third biggest supermarket
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NewsAsda apologises for underpaying thousands of workers
The change in the payment system is part of Asda’s move from Walmart’s legacy IT platform to its own purpose-built one
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NewsMedia Bites 7 March: Budget, M&S, EG Group, Premier Foods
The morning’s papers are filled with reaction to the latest Budget, but find room for news M&S joint CEO Katie Bickerstaffe is leaving the retailer
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NewsMedia Bites 6 March: Greggs, Grocery market share, EG Group
The appetite for Greggs’ sausage rolls and steak bakes shows no sign of slowing down after the bakery chain dethroned McDonald’s to become Britain’s most popular breakfast spot
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NewsMedia Bites 5 February: Issa brothers/Asda, Morrisons, Diageo
One of the billionaire Issa brothers is reportedly attempting to offload his stake in the debt-laden supermarket Asda
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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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NewsMedia Bites 18 December: Morrisons, Farming, UK retail
The new boss of Morrisons, the troubled supermarket chain, has laid down the gauntlet to staff
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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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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