Allan Leighton, former CEO of Asda, is returning as executive chair as the UK grocery giant faces declining sales.Leighton replaces Stuart Rose, who took on leadership…
Browsing: Stuart Rose
Asda is grappling with a £100m rise in National Insurance Contributions, as admitted by its chair, Stuart Rose.Following a recent Budget, employer National Insurance rates are…
Asda plans a significant investment to improve its stores during the festive season, responding to a dip in sales.The company reported a 2.5% decrease in quarterly…
Asda encounters financial strains due to a recent Budget decision, impacting the supermarket’s operations.The National Insurance contributions for employers will rise from 13.8% to 15% on…
The latest Budget poses financial challenges to major UK retailers, including Asda and Sainsbury’s.Asda grapples with additional £100m cost due to increase in National Insurance contributions.Sainsbury’s…
Amidst shifting dynamics in the UK grocery sector, Tesco and Sainsbury’s have gained ground, capitalizing on Asda’s declining market dominance.Tesco secured its highest market share since…
Asda’s search for a new CEO has hit a roadblock, with the supermarket reportedly ‘back to square one.’Search firm Spencer Stuart has approached multiple retail leaders,…
Asda’s leadership sees a change with Lord Rose stepping up amid performance concerns.Mohsin Issa steps back, with Stuart Rose supported by Rob Hattrell taking charge.Asda’s market…
Mohsin Issa has stepped down from his role as executive leader of Asda, prompting a significant leadership reshuffle within the company.Stuart Rose, Asda’s chairman, will temporarily…
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…