For those seeking retail therapy in a luxury shopping destination, Walthamstow high street probably isn’t top of the list.

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

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 ...

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 ...

Zuber Issa’s petrol forecourts business EG On The Move has completed the acquisition of almost 100 sites from service station operator Applegreens – and vowed to grow into a “retail powerhouse”.

As Asda’s plight has worsened, chaos has engulfed the boardroom, forcing the Issa brothers to deny rumours of a rift. Zuber has sold out and although Mohsin remains a shareholder, he has stepped ...

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 ...

represent yet another roadblock on the road to recovery for Asda which has been troubled since it was taken over by private equity firm TDR Capital and brothers Mohsin and Zuber Issa in February 2021.

EG On The Move were advised by Cleary Gottlieb, Freeths, Rabobank, PWC, Alvarez & Marsal. Zuber Issa last year sold his 22.5% stake in Asda, which he had led with his brother Mohsin.

Asda has axed its Aldi and Lidl price match ... it has been in the doldrums since brothers Mohsin and Zuber Issa joined private equity giant TDR Capital to buy it in a £6.8billion debt-fuelled ...

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 ...

In one of Allan Leighton's first major interventions, Asda will no longer cut the price of everyday staples just because the German discount rivals do.