Friday, November 27, 2020

How will Asda perform under its new British ownership?

Asda sale Sainsbury's Roger Burnley CMA Walmart Issa brothers

Asda has been bought by Mohsin and Zuber Issa, the billionaire owners of petrol forecourt firm EG Group for Ā£6.8bn – returning it to British ownership for the first time in 21 years after Walmart agreed terms for the sale. Retail Gazette looks at what this means for the Big 4 grocer.

Asda sale Sainsbury's Roger Burnley CMA Walmart Issa brothers
Asda sale Sainsbury's Roger Burnley CMA Walmart Issa brothers

Feature Resource

How customer service in retail has changed forever

To say retail has had a tough year would be an understatement, with the consistent back and forth of non- essential store closures, many...