Asda co-owner Mohsin Issa steps back
Asda’s woes deepen after co-owner of UK’s third-largest supermarket steps back
Mohsin Issa will relinquish responsibility amid faltering performance, with former M&S boss Stuart Rose stepping in
UK Tycoon Mohsin Issa Steps Aside From Running Supermarket Asda
Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, the struggling British supermarket that he bought alongside his brother and private equity firm TDR Capital three years ago.
Asda co-owner steps down to focus on EG Group
Asda has announced a significant leadership change as co-owner Mohsin Issa steps back from his executive role to focus on his previously announced position as sole CEO of EG Group. This decision marks a shift in the leadership structure of the UK's third-largest supermarket chain.
Asda co-owner Mohsin Issa says 'now is the right time' as he steps down
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 week leave his executive role to concentrate on his recently announced move to become sole chief executive of the petrol station forecourts business,
Asda co-owner steps down as hunt for CEO continues
Asda's co-owner is stepping back from a key role at the business, just months after his brother sold his stake in the supermarket chain.
Asda fiasco will kill the mega buyout for a generation
The prices are not great. The range of products is indifferent, and the stores are often drab, with too few staff. There is ...
UK's Asda says retail veteran Stuart Rose to lead business
British supermarket group Asda said on Wednesday its chairman, veteran retailer Stuart Rose, would assume the executive ...
Stuart Rose fights to revive Asda, the private equity BASKET CASE
With his brother Zuber and private equity group TDR Capital, Mohsin backed a £6.8 billion buyout in 2022 that saddled Asda ...
Big changes at the top of Asda as supermarket battles fall in sales
The billionaire co-owner of Asda is to quit his oversight role at the struggling grocer this week, with still no sign of a ...
Asda shoppers rush to buy ‘absolute bargain’ garden furniture scanning for 50% less at the checkout
SHOPPERS are dashing to Asda to bag a half price garden furniture bargain. The multi-position relaxer chair is now scanning ...
Asda and Post Office resignations show it’s tough at the top
The other big retail news surrounds Nick Read’s resignation as CEO of the Post Office. And it’s been a similarly bruising ...
Sainsbury's and Asda shoppers hit with new petrol station rules
A significant change at supermarket petrol stations means customers will face new rules for buying pay-at-the-pump fuel. Some ...
Huge change at Sainsbury’s and Asda petrol stations as customers hit with new rules for buying pay-at-the-pump fuel
A HUGE change at supermarket petrol stations means customers are to be hit with new rules for buying pay-at-the-pump fuel.
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Asda shopper gets £52 food shop for just £12.98 using 'hidden' labels
An eagle-eyed Asda shopper bagged himself an impressive £40 off his grocery haul by utilising 'Asda Rewards' tags found during his weekly shopping trip. The dedicated customer, when at his local ...
Asda stores appeal to customers to donate children's books for vulnerable families
Asda stores across Lanarkshire and in Toryglen are among the 53 Scottish branches participating in the scheme with literacy ...
Asda's Billionaire Issa Brother Era Is Drawing to a Close
Asda has been the worst-performing British supermarket over recent months. It’s time for a radical turnaround.