EG Group has announced a significant increase in its quarterly profits, primarily driven by its grocery division.In the third quarter of 2024, EG Group’s underlying EBITDA…
Browsing: EG Group
EG Group reports a significant rise in profits thanks to its grocery division.Profits for the third quarter saw an 8% increase in EBITDA, reaching $300 million.Grocery…
Mohsin Issa, co-owner of Asda, is stepping back from daily operations to prioritize his role at EG Group amidst a period of declining market share for…
Mohsin Issa steps back from Asda to prioritize his role at EG Group amid declining sales.Mohsin Issa shifts focus to EG Group, leaving Lord Rose to…
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…
Mohsin Issa is shifting focus from Asda to EG Group, marking a significant leadership transition within the company.Stuart Rose will assume executive responsibilities at Asda, joined…
Questions have arisen regarding Asda owners’ ability to support consumers amid rising costs.MPs have expressed concerns about Asda’s complex corporate framework affecting its consumer support capabilities.The…
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…