All Asda articles – Page 4
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Opinion‘Lord Rose’s intervention shows that Mohsin Issa has become an albatross around Asda’s neck’
In his hugely successful career, everything Mohsin Issa has touched has turned to gold – until, that is, he bought Asda. Now the harder he works and the more involved he becomes in turning the business around, the further it seems to drift into the doldrums, writes Hugh Radojev
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NewsAsda chair says he is ‘embarrassed’ by performance as he urges co-owner to step back
Asda chair Lord Stuart Rose has said he is “embarrassed” by the supermarket giant’s market share retreat and called on co-owner Mohsin Issa to take a step back from the day-to-day running of the retailer.
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AnalysisAsda’s three new priorities to turnaround tumbling sales and evaporating market share
After a dismal set of financial results for the first half of the year, Asda has three new key priorities for the remainder of the year that it hopes will right the ship
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NewsAsda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
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NewsAsda owners to invest £30m into supermarket chain to arrest sales slump
Asda co-owner Mohsin Issa is set to inject £30m into the supermarket chain in a bid to reverse its sales slump trend.
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NewsAsda staff survey leaves the grocer facing a new confidence crisis
The results of an Asda staff survey have left the supermarket giant facing a fresh crisis with less than half of its employees having confidence in the retailer’s long-term strategy.
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Opinion‘US election and England football manager search show importance of succession planning’
High-profile leadership changes in politics and sport hold lessons in succession planning that can help retailers ease the transition from one leader to the next, says Tony Gregg
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NewsAsda is bracing for further strike action for a second time
More than 150 Asda workers are getting ready to walk out in a further strike action claiming the supermarket has failed to address dispute points, according to GMB.
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NewsAirport retailers could see a boost in sales if global IT outage continues
Retailers operating in airports could end up receiving a boost in sales and footfall if the IT outage causing havoc around the world continues.
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NewsAsda makes more changes in leadership shake-up
Asda is undergoing a shake-up in management after a series of departures and new additions to the business.
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NewsAsda is making a u-turn on four-day working week trials
Grocery giant Asda is making a u-turn on its four-day working week after employees complained of “feeling exhausted” as a result.
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AnalysisRetail cabinet: What would government look like if retailers ran the country?
As the country casts its votes in the general election, Retail Week imagines what a cabinet made up of bold and capable retail leaders might look like
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DataWhat the latest market share data tells us about the UK grocery sector
Retail Week sits down with Kantar’s head of retail and consumer insight Fraser McKevitt to look at the implications for the grocery sector from the latest market share data
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AnalysisAsda: What the Issa brothers split means for the supermarket
As Mohsin and Zuber Issa part ways over Asda and TDR Capital becomes the majority shareholder, Retail Week looks at what this will mean for the grocer
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NewsPrivate equity firm TDR Capital becomes Asda majority owner
Private equity firm TDR Capital has become the majority owner of Asda after it acquired Zuber Issa’s share in the business.
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NewsAsda most expensive supermarket for fuel, says RAC
Asda is the most expensive UK supermarket for fuel, according to new research.
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AnalysisRetail 100: Meet five of UK’s retail’s most influential female leaders
Retail Week’s Retail 100 index has recognised 28 women among the country’s top c-suite bosses driving profits, people and purpose in 2024. View strategic profiles of a snapshot of the female leaders celebrated and access the full list here
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NewsAsda poaches Lidl exec to run stores network
Asda has poached Lidl’s chief operating officer to head up its stores and distribution network, as it looks to further strengthen its senior management team.
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NewsThe new Asda gen-AI initiative helping board members make decisions
Asda has rubber stamped a new generative AI platform providing data insights to its executive leadership.
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NewsAsda launches store upgrade programme
Supermarket giant Asda has launched a fresh round of investment in updating its stores, in a bid to “improve the shopping experience for customers” in larger supermarkets and superstores.
