Zuber Issa news, comment and analysis – Page 5
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NewsEG Group to continue opening Spar stores despite ‘Asda on the Move’ rollout
The forecourt giant opened a new Spar store in Scotland earlier this month in Coxton Park, Elgin
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Analysis & FeaturesWhy Asda’s convenience ‘move’ to supply EG Group sites is not a piece of cake
Asda’s new c-store format is rolling out to hundreds of EG Group forecourts. But a potentially steep learning curve is ahead
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NewsAsda confirms plans for hundreds of convenience stores on EG forecourts
Twenty-eight ‘Asda on the Move’ stores are to open on EG Group forecourts this year, with a target of 200 by the end of next year and more in 2023
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Analysis & FeaturesEx-Tesco CEO Terry Leahy outlines CD&R’s case for buying £7bn Morrisons
‘We want to build on the traditional strengths of Morrisons with innovation, capital and new technologies,’ vows Leahy
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Comment & OpinionAsda search for new CEO reminiscent of Tottenham Hotspur’s protracted recruitment of new manager
The Issa brothers are struggling to find a successor to Roger Burnley, who stepped down earlier this month
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NewsMedia Bites 9 August: Morrisons, Asda, Philip Morris/Vectura
Terry Leahy is scrambling to convince partners at American private equity firm Clayton Dubilier & Rice to back a 280p-a-share bid for Morrisons
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NewsAsda CEO Roger Burnley leaves business four months ahead of planned date
Mohsin and Zuber Issa will work with the Asda team on the execution of Asda’s strategic vision
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![Meghan Farren High Res KFC B1595 RT[2]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/3/2/5/239325_meghanfarrenhighreskfcb1595rt2_949070.jpg)
NewsKFC’s Meghan Farren to join Asda as chief customer officer
Farren will join Asda in October and is replacing Anna-Maree Shaw, who left in January
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NewsIssa brothers’ Asda takeover gets final CMA approval
The Competition & Markets Authority has said it accepts undertakings for the acquisition
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NewsIssa brothers to sell 27 forecourts and clinch Asda takeover deal
The CMA had raised concerns over possible fuel price hikes in areas where both Asda and EG operate
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Analysis & FeaturesHow does Leon fit into Zubin and Mohser Issa’s master plan?
The restaurant brand suits forecourts but not Asda, say analysts
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NewsCity snapshot: EG Group swoop for Leon
Petrol forecourt giant EG Group has swooped for restaurant chain Leon as it seeks to grow its non-fuel offering and expand the foodservice operation into healthy fast food. Plus, C&C subsidiary Matthew Clark Bibendum hit by cyber-security incident.
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NewsMedia Bites 19 April: EG Group/Leon, Yo! Sushi, Poundland
The billionaire brothers behind the petrol station business EG Group have snapped up the fast food chain Leon Restaurants for £100m
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NewsAsda ready to slash range by up to 40% in End2End reset
Stores will be transformed into a simplified “discount model”, reducing ranges to prioritise availability of key SKUs
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NewsAsda CEO Roger Burnley to step down
He will leave the business next year following its takeover by the Issa brothers and TDR Capital
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NewsMedia Bites 19 March: Ocado, Asda, Fever-Tree
The boss of Ocado has shrugged off the threat of new faster delivery rivals and claimed that Amazon has a ‘negligible impact’ on the British grocery market
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NewsMedia Bites 8 March: Food imports, Asda, Deliveroo
Ministers are preparing to relax post-Brexit plans for border checks on food and other imports from the EU over fears of supermarket shortages
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NewsMedia Bites 25 Feb: Beer duty, Brexit, Reckitt Beckiser, EG Group
Beer duty could be cut in pubs and raised in supermarkets to encourage people to go out after the lockdown ends, Boris Johnson hinted yesterday.
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NewsMedia Bites 22 Feb: Caffè Nero, John Lewis Partnership, Business rates
The billionaire owners of Asda are trying to launch an audacious raid on Caffè Nero by buying part of its £350m debt pile
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NewsConcerns raised over Asda deal debt
The Issa brothers aim to fund the buyout of Asda using around £3.7bn of junk-rated debt