Londonmetric sells off £30m of former LXi assets following ‘mega-merger’ May 30, 2024 Property firm Londonmetric has sold more than £30m worth of retail units, including an Asda supermarket and two former Cazoo showrooms.
Inflation: Shop price hikes slow again in good news for Sunak and Tories May 28, 2024 Shoppers have benefited from retailers cutting prices to reignite consumer demand, according to new figures.
Election 2024: Rachel Reeves to pledge ‘most pro-growth Treasury in history’ May 27, 2024 Rachel Reeves will pledge to “lead the most pro-growth Treasury in our country’s history”, if elected as Chancellor on July 4.
Tesco, M&S and Primark among brands hesitant to make some green claims over greenwashing action May 24, 2024 Big retail brands are hesitant to make green claims despite the majority embracing sustainable practices over fears of being hit with greenwashing action
Billionaire Issa brothers’ £2bn Asda deal sees petrol stations empire EG Group surge back to profit May 20, 2024 The petrol forecourts empire built by the billionaire Issa brothers, who also own Asda, surged back into the black in 2023 following its £2bn deal with the supermarket giant.
Asda: Debt-laden grocer cashes in on price matching schemes as hunt for new chief gets underway May 17, 2024 Asda, the debt-laden grocery chain, said Aldi and Lidl price matching schemes helped revenue grow by 6.6 per cent in the first quarter of the year.
Mohsin and Zuber Issa: Asda-owning billionaire brothers see net worth sag May 17, 2024 The Issa brothers have had a tumultuous year, as it was rumoured that Zuber was looking to sell his 22.5 per cent stake in Asda after falling out with his brother.
‘Blatantly unfair’: Supermarkets still jacking up petrol prices, minister warned May 16, 2024 Supermarket retailers in the UK are still jacking up prices at the pumps despite months passing since the government pledged to intervene.
Plans for an Asda ‘town centre’ linking London’s Old Oak and Park Royal May 13, 2024 The Issa brother-owned grocer has entered into an agreement with developer Barratt, on a Brownfield site, currently home to a superstore, marking a "significant milestone" for the firm.
Why are private jets so irresistible to the country’s bigwigs? May 13, 2024 City bigwigs and politicians seem set on using private jets to get around. Should we be up in arms or is it vital for efficiency?