Mohsin Issa, co-owner of Asda, is stepping back from his role to concentrate on leading EG Group.Lord Rose will assume operational control of Asda with former…
Browsing: convenience stores
Waitrose has announced significant growth in its half-year results, reporting a £75 million increase in operating profit and a 1.2% rise in gross margin, signaling its…
The convenience store sector is witnessing significant growth as supermarket chains accelerate their expansion efforts. Opening more than one new location each week, this trend highlights…
In 2024, the retail sector is experiencing unprecedented disruption with nearly 40 stores shuttering each day, marking a new challenge for high streets.A report by PwC…
UK shoppers are increasingly seeking value amidst rising costs, especially in convenience stores, where prices have been notably higher than supermarkets.Tesco has announced a significant reduction…
To address rising debts, the Issa brothers have divested 63 US convenience stores.The stores, located in Kentucky and Tennessee, were sold to Casey’s General Stores.This divestment…