Allan Leighton, a seasoned retailer, is set to return to Asda as the executive chairman, marking over two decades since his last tenure as CEO when he revitalized the brand before its sale to Walmart. Currently, Asda, the third-largest supermarket in Britain now under TDR Capital’s majority ownership, faces declining …
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Do you shop at Sainsbury’s? Impacted by the cost of living crisis? Then you are in luck. The supermarket is yassifying its Nectar card scheme meaning there will soon be lower prices on more than 300 items in store. In a move that will rival Tesco’s Clubcard scheme, the supermarket …
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London’s FTSE 100 was down 0.4% at 7,079.43 in afternoon trade on Tuesday. Supermarket chain Sainsbury’s was the worst performer on the index. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said it could be down to nervousness about trips to bricks and mortar supermarkets amid worries about …
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Boris Johnson has personally apologised for embarrassing the Queen by requiring her to approve the unlawful suspension of the House of Commons. Royal sources have revealed that there was huge disquiet in the Queen’s household about Johnson’s decision to prorogue parliament for five weeks, even before the Supreme Court ruled …
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