Zuber Issa news, comment and analysis – Page 3
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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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NewsMedia Bites 29 August: Wilko, food prices, Asda
The fate of Wilko continues to generate lots of headlines, alongside lots of food and drink news over a busy bank holiday weekend.
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NewsWalmart International’s CEO Judith McKenna to retire
She will be replaced by Kath McLay, who currently leads Sam’s Club, Walmart’s US-based member-only wholesale business
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NewsEG Group sells 63 US convenience stores to pay down debt
EG Group has agreed to sell 63 convenience stores to US convenience operator Casey’s to reduce its debt pile
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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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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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NewsCity snapshot: EG Group reports ‘resilient’ 2022 as it sells off chunk of US sites for $1.5bn
Forecourt giant EG Group has delivered “a highly resilient” performance in 2022 despite the challenging macro-economic environment. The group also announced a $1.5bn sale and leaseback on a portfolio of sites on the east coast of the US to help reduce its mountain of debt
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NewsAsda taps Publicis Sapient for post-Walmart e-commerce platform
The platform will be delivered by April 2024, as part of a “hugely ambitious” programme, Publicis Sapient said
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NewsWholesale & convenience sector backs emergency relief efforts for earthquake victims
Forecourt giant EG Group and wholesaler Booker are among those pledging support
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NewsMedia Bites 23 Jan: Asda/EG Group, Tesco, Morrisons
The billionaire owners of Asda are exploring a merger of the supermarket and their UK petrol forecourts business in a blockbuster deal that would create a retail giant worth more than £10bn
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NewsMedia Bites 29 November: EG Group, high street, eggs
The petrol forecourts business owned by the billionaire Issa brothers has been accused of profiteering after gross fuel profits rose by 20% to $1.7bn.
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NewsCity snapshot: EG Group revenues mount but profits hit by inflationary pressures
Forecourt giant EG Group has announced “resilient” second quarter trading, with sales rebounding by 34%, though inflationary pressures reduced headline profits. Plus, Reckitt CEO Laxman Narasimhan to take over at Starbucks and all the rest of the latest news from the City.
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NewsAsda moving closer to standalone convenience offer
Asda has posted a series of recent job ads relating to the convenience project
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NewsEG Group profits climb as sales soar 25%
Profits have leapt higher at forecourt giant EG Group as a growing foodservice business and soaring prices at the pumps help fuel a 25% jump in first-quarter revenues.
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NewsMedia Bites 3 May: EG Group, Reckitt Benckiser, Ocado, Lord Rose
The billionaire owners of Asda are in talks to sell their forecourt empire EG Group to a Canadian convenience store giant in a deal that could value it at around £13bn
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Analysis & FeaturesWhy Oxfam is going beyond the supermarket human rights scorecard
Oxfam’s final human rights table shows the discounters now ahead of all rivals except Tesco
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NewsAsda comes bottom in Oxfam’s fourth and final supermarket human rights scorecard
As well as dropping down the table, Asda is the only supermarket whose score has fallen since the last time Oxfam carried out the exercise, in 2020
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NewsAsda adds 100 greengrocers to stores as Issa brothers revamp fresh offer
Mohsin Issa said that by next month 250 Asda stores would have dedicated greengrocers working in them
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Analysis & FeaturesHow Covid has changed the supermarkets’ property plans
Two years of Covid has transformed shopping patterns and left property plans in disarray. For some retailers, a new strategy is needed