Asda has been struck by a fresh sales slump as new chairman Allan Leighton battles to halt the supermarket’s decline. Sales ...

Fears are growing that the supermarket will miss a deadline next month to complete the overhaul, which has been championed by co-owner Mohsin Issa. Asda has been attempting to untangle a web of ...

The weakest link across a market that performed strongly, despite economic headwinds, was Asda. The chain, owned by TDR private equity and the brothers, Mohsin and Zuber Issa since 2021 ...

Since the takeover by private equity firm TDR Capital and brothers Mohsin and Zuber Issa in February 2021, Asda has faced challenges. Upon assuming his role in November last year, Leighton pledged ...

Asda's struggle to retain customers continued into the new year as fresh industry data also showed that grocery price inflation eased slightly in January as supermarkets stepped up their promotional ...

Zuber Issa’s petrol forecourts business EG On The Move has completed the acquisition of almost 100 sites from service station ...

Asda has been struggling since it was taken over by private equity firm TDR Capital and brothers Mohsin and Zuber Issa in February 2021. When Leighton took over in November last year, he vowed to ...

Brothers Zuber and Mohsin Issa bought Asda from Walmart in 2020, in a £6.8billion deal with the backing of TDR Capital. Zuber Issa sold his stake in Asda TDR Capital in June 2024 and said he ...

The weakest link across a market that performed strongly, despite economic headwinds, was Asda. The chain, owned by TDR private equity and the brothers, Mohsin and Zuber Issa since 2021, suffered its ...