All the updated news related to mohsin issa

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Asda to offer £1 ‘winter warmer’ meal deal in its cafes for over-60s

Asda has launched a £1 “winter warmer” meal deal including a soup, a roll and unlimited tea or coffee for over-60s. The deal will be available throughout November and December in any of the supermarket chain’s 205 cafes. The supermarket announced ...

06 Oct 2022 at 20:25

Asda says its overall carbon footprint decreased by 7% in 2022

Asda said its total carbon footprint decreased by 7% in 2022 compared to the previous year as it published its environmental, social and governance report. The UK retail giant released the annual update on its progress towards its climate ...

14 Aug 2023 at 14:52

City

Own-brand goods help Asda grow revenue by 9.6%

Supermarket giant Asda said it had benefited from its own-brand goods as customers tried to find cheaper alternatives during the cost-of-living crisis. The business reported a 9.6% hike in like-for-like sales in the three months to the ...

15 Aug 2023 at 16:38

Asda owner EG Group to acquire Tesla’s ultra-fast chargers

Petrol station giant EG Group has announced it is to acquire ultra-fast electric vehicle (EV) chargers from manufacturer Tesla. EG, run by Asda owners Mohsin and Zuber Issa, said the chargers will be branded evpoint and will be ...

13 Nov 2023 at 12:20

City

Asda grows profit as loyalty scheme drives supermarket sales

Asda has revealed its underlying earnings swelled by a quarter last year with growth in food and clothing sales. The UK’s third-biggest supermarket chain said its underlying earnings, before additional costs like tax and ...

22 Apr 2024 at 08:44

City

There are no gaps in our finances, Asda boss tells MPs

Bosses at Asda have told MPs there are “no gaps” in its finances amid criticism over the supermarket giant’s accounting structures. The UK’s third largest supermarket also said nobody should be concerned about its debts,...

19 Dec 2023 at 13:34

City

‘No price hikes’ in supermarket as Asda buys petrol station operator for £2.2bn

The chairman of Asda has promised that food prices will not go up because of a deal to buy the UK business of its sister company, petrol station giant EG Group, for more than £2 billion. Lord Stuart Rose said that the ...

30 May 2023 at 13:17

City

Asda targets 300 new convenience stores creating 10,000 jobs

Asda has laid out an ambitious expansion plan for its new convenience store business which will create 300 stores and around 10,000 jobs over the next four years. It came as the supermarket group opened its second ...

06 Dec 2022 at 13:12

City

Zuber Issa sells 22.5% stake in Asda to private equity group TDR Capital

Zuber Issa has sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital. The sale brings TDR Capital’s share in the supermarket group to 67.5%, while 22.5% is still owned by Zuber’s ...

07 Jun 2024 at 12:27

City

Leon co-founder John Vincent buys back restaurant chain from Asda

A co-founder of Leon has bought back the healthy fast food chain from Asda, four years after it was taken over by the billionaire Issa brothers. Asda said it had sold the business to John Vincent, who was ...

31 Oct 2025 at 17:52

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