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The Latest Breaking News from Mohsin Issa

Asda plans 300 new UK convenience stores, creating 10,000 jobs

Supermarket hopes to grab bigger share of burgeoning sector, possibly threatening Sainsbury’s second position

The Guardian - UK

Asda to create 10,000 jobs over next four years in major convenience store push

Asda is owned by the billionaire Issa brothers, who also separately own EG Group, alongside TDR Capital

Birmingham Post

'I spent the afternoon in Asda to see if its £1 meal deal for over 60s works'

The meal deal for the elderly started on November 1 and some people may not know about it yet

Leeds Live

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'Incensed' Asda workers balloted for strike action in pay dispute after Issa brothers private jets row

BusinessLive understands, from a person familiar with the matter, that commercial interest will be paid on the loans for the private jets which will be backdated

Birmingham Post

Asda launches amazing £1 hot meal deal to help with cost of living

Shoppers aged 60 and over can get a bowl of soup, bread roll, and unlimited cups of tea and coffee for £1

Leeds Live

Co-op completes £600m sale of petrol forecourts to Asda

Retailer says proceeds will be reinvested in grocery stores, keeping down prices and reducing debt

The Guardian - UK

Asda completes £600m deal to buy Co-op's petrol forecourt business

The Co-op said proceeds from the sale will be reinvested into its core convenience shops, pricing, stores operations and reducing its debt burden

Birmingham Post

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Asda to offer £1 ‘winter warmer’ meal deal in its cafes for over-60s

The deal, consisting of soup, roll and tea or coffee, will be available throughout November and December in any of the supermarket chain’s cafes.

The Independent UK

Billionaire Issa brothers poach HS2 boss as they pledge 'laser-focus' on cost of living crisis

The brothers ran their first petrol station in Bury in 2001

Manchester Evening News

Asda purchases Co-op petrol stations in multi-million pound investment deal

The supermarket chain reached an agreement to purchase 132 sites from the retailer for £60million.

Daily Record

Co-op to sell petrol forecourt business to rival Asda for £600m

Company says money from deal will be used to cut debt and reinvested in its ‘core convenience’ business

The Guardian - UK

Billionaire Issa brothers agree £600m deal for Asda to buy Co-op petrol stations

The Issa brothers started out with a single petrol station in Bury

Manchester Evening News

Asda confirms plan to buy 132 sites from The Co-op including stores and development sites

The deal was announced on Wednesday, August 31

Nottingham Post

Co-op agrees to sell 129-strong petrol forecourt chain to Asda for £600m

The Co-op said that offloading its petrol forecourts will allow it to focus on its convenience business

Birmingham Post

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news in one place.

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Manchester Evening News

Asda boss sends message to shoppers struggling with cost of living crisis

"We are determined to do all we can to support these customers during these tough times"

The Guardian - UK

British households £160 worse off in July than a year ago, says Asda

Retail chain pledges to do more to help consumers hit by cost of living crisis

Manchester Evening News

Planning row over billionaire Issa brothers' 'five ugly sisters' mansions

Residents have hit out after the family sought authorisation for changes made to imposed conditions

Chronicle Live

Asda boss warns of the "stark reality facing millions" amid the Cost Of Living crisis

Asda saw a drop 9% drop so far this year

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news in one place.

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Wales Online

Asda bosses warn of 'stark challenges' facing customers who are £40 a week worse off

The supermarket saw a 9% drop in sales this year

Liverpool Echo

Asda billionaire brothers buy hundreds of service stations

Zuber and Mohsin Issa are reportedly looking at buying Boots

Manchester Evening News

Asda-owning billionaire Issa brothers complete deal for hundreds of service stations

The brothers are also reported to be in talks to sell EG Group for £13bn to fund a deal to buy Boots

Birmingham Post

Issa brothers complete €485m deal to buy almost 300 petrol stations in Germany

The deal was first agreed in December 2020

Daily Mirror

Supermarket giants Asda and Morrisons launch price war amid cost of living crisis

Major supermarkets Asda and Morrisons have begun cutting prices, with Asda cutting prices by 12% on average, while Waitrose has launched an advert campaign for its own lower-price goods

Daily Record

Asda staff secure wage rise as supermarket giant slashes cost of staple items

The GMB union has campaigned for a rise in wages from £9.66 an hour to £10.10 for those working in stores across the country.

Daily Record

Asda to cut prices of more than 100 items including tea bags and cheese

It comes as retailers reported a 3.3% increase in food inflation last month, which is expected to rise further.

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