Tuesday, December 1, 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 £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

Sustainability + Conscious Consumerism (New report)

Did you know that 75% of UK shoppers are modifying their buying behaviour due to ethical concerns, and that 85% of retail technology leaders...