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UK supermarket Asda returned to profit in 2023
Reuters via Yahoo News· 1 week agoAsda, the British supermarket group which is 10% owned by U.S. giant Walmart, said on Friday it returned to a pretax profit in its 2023 financial year,...
Asda co-owner Zuber Issa sells his stake to private equity company TDR Capital
Sky News via Yahoo News· 1 month agoA key co-owner of Asda has sold his stake to a private equity company, making it the majority owner....
Zuber Issa sells 22.5% stake in Asda to private equity group TDR Capital
PA Media: UK News via Yahoo News· 1 month agoZuber Issa has sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital....
Asda is UK’s most expensive supermarket fuel retailer, analysis suggests
PA Media: UK News via Yahoo News· 1 month agoAsda has become the UK’s most expensive supermarket fuel retailer, according to new analysis. Rival...
Asda sales increase as supermarket targets Aldi and Lidl shoppers
PA Media: UK News via Yahoo News· 2 months agoAsda has revealed a rise in sales over the first three months of the year amid efforts to win more...
Asda refinances £3.2bn of debt with higher interest rates
PA Media: UK News via Yahoo News· 2 months agoAsda has refinanced the vast majority of its mammoth debt pile amid “strong demand” from investors....
UK supermarket Asda refinances over $4 billion of debt
Reuters via Yahoo News· 2 months agoLONDON (Reuters) -British supermarket Asda has refinanced over 3.2 billion pounds ($4.0 billion) of...
Asda grows profit as loyalty scheme drives supermarket sales
PA Media: UK News via Yahoo News· 2 months agoAsda has revealed its underlying earnings swelled by a quarter last year with growth in food and...
Asda profits up 24% to £1.1bn in 2023
Sky News via Yahoo News· 2 months agoProfits at the UK's third-biggest supermarket chain grew 24% in 2023, topping more than £1bn in a year where households struggled with the cost of...
Asda to hike basic pay to £12.04 an hour in £150m investment
PA Media: UK News via Yahoo News· 4 months agoAsda has said it will invest £150 million into giving more than 120,000 staff an 8.4% pay rise. The...
