Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Struggling UK supermarket chain Asda said its turnaround plan was running six months behind schedule after ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asda has raised close to £600mn from two sale-and-leaseback deals as its private equity owner TDR Capital uses ...
Grocery giant Asda has agreed to sell 24 supermarket sites and a key depot in a deal worth £568 million. In a move to improve its finances, the debt-laden retailer will utilise a sale-and-leaseback ...
The store in Monks Cross Shopping Park has been refurbished as part of a £12 million investment in Asda stores in Yorkshire, and features enhancements to make the store more modern and easier for ...
If you want to know how Asda lost its way under the Issa brothers take a trip to South Manchester. At one end, opposite the Heineken brewery in the heart of Moss Side, an Asda superstore is in a ...
Asda has offloaded 24 stores and its Lutterworth depot in sale & leaseback deals, raising £568m. Ten of the stores and the Lutterworth depot have been sold to Blue Owl Capital and another 10 to a ...
Asda has announced a major money-saving change taking place this December which is sure to benefit Express store shoppers looking to purchase fuel this month. The supermarket has revealed it will be ...
Asda has made a number of key changes to its senior leadership team, following yesterday’s surprise announcement that marketing VP Adam Zavalis is to leave the supermarket after just over two years in ...
LONDON, Nov 28 (Reuters) - British grocer Asda warned it does not expect to return to underlying sales growth until mid-2026 after third quarter sales were dented by disruption linked to the ...
With just over three weeks to go until Christmas Day, shoppers are in for a treat as a mouthwatering 22 million Pigs in Blankets hit the shelves of Asda stores across the UK. Asda who works with ...
LONDON, Nov 20 (Reuters) - British supermarket group Asda has raised 568 million pounds ($742 million) from sale-and-leaseback agreements on 24 stores and a depot, it said on Thursday, providing a ...