Asda’s owners have shared a substantial financial payout despite ongoing market difficulties.TDR Capital, Asda’s majority owner, distributed £43.9 million among its partners, marking an increase from…
Browsing: TDR Capital
TDR Capital, Asda’s private equity owner, received a £44 million payout despite Asda’s ongoing struggles.Newly filed records show TDR’s partners shared a significant profit pot, marking…
Former CEO Allan Leighton returns to Asda as executive chair, succeeding Lord Rose.Leighton aims to leverage his vast experience to drive Asda’s growth and development.Lord Rose…
In a significant restructuring move, Asda is cutting 475 positions at its Leeds and Leicestershire headquarters.The decision impacts less than 10% of head office staff to…
Asda announces significant changes affecting its office workforce as it mandates a return to office and initiates job cuts.Beginning January 2025, Asda is requiring more than…
Jollyes CEO Joe Wykes, having led the company for two years, is determined to push forward ambitious growth and innovation strategies for the pet retailer.After being…
Jollyes has taken significant steps to amplify its growth strategy through noteworthy additions to its leadership team.Key figures from leading retailers like Tesco, Sainsbury’s, Card Factory,…
Asda strategically targets its smaller stores for IT upgrades this Christmas, aiming to minimize disruption during the peak shopping period.The retailer’s Project Future emphasizes upgrading 850…
In a significant move, over 150 MPs have come together to pressure Asda’s ownership to resolve a gender pay dispute.The dispute, now in its second stage,…
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…