Customers at Asda, Matalan and Amazon have been warned to stop using some products sold at the stores because of potential health risks.

Asda owner EG Group slumped to a near £600m loss last year as the value of supermarket group’s real estate portfolio tumbled.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Asda owners share £44m payout despite ‘embarrassing’ performance Windfall for TDR partners comes as supermarket continues to struggle with cost of debt-fuelled takeover ...

Asda co-owner Mohsin Issa has confirmed he will step down from running the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team. Asda said Mr Issa will this ...

In Brighton, Asda staff will protest at the TUC congress, where delegates will debate GMB’s motion on equal pay for Asda workers. The case, expected to last three months, centres around claims ...

Asda owners are to invest £30m into the supermarket chain to rescue its falling market share. By Hugh Radojev 2024-08-01T11:02:00+01:00. 1 Comment. Asda co-owner Mohsin Issa is set to inject £30m into ...

TDR Capital has agreed to increase its stake in Asda to become majority owner after buying out the shares owned by Zuber Issa.. The private equity giant invested in Asda alongside the Issa brothers in ...

Asda’s owners created nearly £1.5bn of new liabilities that are not counted in the supermarket chain’s headline debt figures to finance a buyout of a petrol stations business that they also ...

Asda co-owner Mohsin Issa could be forgiven for being a bit frosty. Asda today posted a strong set of annual results for 2023 when adjusted EBITDA after rent exceeded £1bn and sales ex-fuel topped £21 ...

Asda owners borrowed $7mn more from petrol station empire to repay private jet loans. Issa brothers originally took on €39mn debt from EG Group to buy the two Bombardier planes in 2018.