Asda to cut 475 jobs and reduce hybrid working - BBC News
Nov 6, 2024 · Asda has confirmed 475 roles at their head offices in Leeds and Leicestershire will be cut and hybrid working reduced as part of a business restructure. The retailer said the move, which would...
Asda News | Asda Latest News - NewsNow
Latest news on Asda Stores Ltd., a British supermarket chain founded in 1949, including updates on store openings and closures, Asda deals and product news.
TDR Capital to become majority owner of Asda
Jul 6, 2024 · Funds managed by TDR Capital LLP, a leading UK-based private equity firm, have today announced that they have agreed to acquire Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital.
Asda crisis deepens after 'dreadful' Christmas - The Telegraph
2 days ago · The latest decline led to Asda’s market share falling to 12.5pc in December, down from 13.5pc a year earlier. This led to the gap between Aldi and Asda narrowing, as the German discounter ...
Asda: latest news, analysis and trading updates | Retail Week
Dec 13, 2024 · The grocer is renowned for its focus on everyday low prices and an extensive product assortment, operating mainly from large out-of-town supermarkets and hypermarkets across the UK. Retail Week provides news, analysis, …
Asda struggles with 'dreadful' Christmas as supermarket update …
1 day ago · Asda has hit yet another roadblock on its road to recovery after suffering its worst Christmas since 2015.. The supermarket - which is the UK's third biggest chain - saw a sales slump of 5.8% ...
Asda cuts almost 500 head office jobs as it orders staff back to office
Nov 6, 2024 · Asda interim boss Stuart Rose has announced major jobs cuts and a restructure affecting thousands of head office staff, which will see management office roles slashed by 475, with surviving staff ordered to return to the office three days a week.
Asda announces the completion of TDR Capital’s purchase of …
Nov 1, 2024 · Following the announcement of the proposed transaction in June 2024, today Asda has confirmed that funds managed by TDR Capital LLP have completed the acquisition of Zuber Issa’s shares in the business.
Asda announces record £150m investment to become highest …
Jan 3, 2024 · Asda has today announced proposals for a record £150m investment in its retail pay offer to become the highest paying UK grocery retailer as it opens its landmark 1,000th UK store. Today’s announcement will see an 8.4% increase for hourly-paid store colleagues, with rates rising to £12.04 from 1st July**.
Asda - latest news, breaking stories and comment - The Independent
The latest breaking news, comment and features from The Independent.