Asda paid £1.1bn dividend to US owners Walmart before Issa takeover 

Asda paid £1.1 billion dividend to US owners Walmart before Issa brothers’ takeover By Tom Witherow For The Daily Mail Published: 21:50 GMT, 11 December 2020 | Updated: 21:50 GMT, 11 December 2020 Walmart completed the sale of a majority stake in the business to the Blackburn-based Issa brothers and their private equity backers, TDR … Read more

Asda is cheapest UK supermarket for the SEVENTH month running

Asda is cheapest UK supermarket for the SEVENTH month running: Basket of 42 everyday groceries costs £106 from the retailer – while Tesco is more expensive than Morrisons and Iceland Alertr team tracked items from the government-based Consumer Price Index ‘shopping basket’ over a four-week period during the month of October Ocado was the most … Read more

Top supermarkets are accused of ‘same food but higher price’ tactic

Tesco and Asda ‘charge more for almost identical food being sold by Lidl and Aldi but under different labels’ Tesco is charging £2.65 (£3.40 per 100g) for its Finest Parma Ham, for example Lidl has priced its Deluxe Prosciutto at £1.99 (£2.21 per 100g) – a saving of more than a third, according to C4 … Read more

Independent shops urge government to support retailers with £2billion returned by supermarkets

Several supermarkets have agreed to waive the business rates holiday and hand over the money saved. Here, we take a look at what it means: – What are business rates? Business rates are paid by every commercial property in the UK. They are similar to council tax for residential properties and are collected by local authorities … Read more

Pub bosses call for £1.8billion Covid refund cash from supermarkets to be handed to industry

Several supermarkets have agreed to waive the business rates holiday and hand over the money saved. Here, we take a look at what it means: – What are business rates? Business rates are paid by every commercial property in the UK. They are similar to council tax for residential properties and are collected by local authorities … Read more

Asda will hand back £340million saved in business rates relief

Asda today announced it will hand back £340 million saved in business rates relief, following similar moves by Tesco, Sainsbury’s, Morrisons and Aldi. The supermarket’s move comes after Sainsbury’s confirmed this morning it will hand back around £440million saved from the business rates holiday – after Tesco and Morrisons agreed to respectively return £585 million and … Read more

Billionaire brothers buying Asda make a bid for Caffe Nero

Billionaire brothers buying Asda continue spending spree as they make a bid for struggling coffee chain Caffe Nero Zuber and Mohsin Issa of EG Group are reportedly trying to buy Caffe Nero Under the EG proposal, Caffe Nero’s landlords would receive all the rent arrears  It comes as Caffe Nero’s landlords are set to vote … Read more

Moment ‘idiot’ driver swerves into puddle to ‘deliberately’ drench unwitting pedestrian

Practical SOAK! Moment ‘idiot’ driver swerves into puddle to ‘deliberately’ drench unwitting pedestrian on pavement Ollie Wood was on his way to do some shopping at Asda in Wigan on October 4 Volkswagen Golf in front of him swerved into puddle to soak child on pavement Mr Wood said: ‘I don’t know what enjoyment you could … Read more

Supermarket scandal sees honey ‘bulked out with cheap sugar syrups’

Some of the honey on the shelves of Britain’s biggest supermarkets may have been adulterated with cheap sugar syrups, The Mail on Sunday can reveal. Tests conducted on own-brand honeys from Co-op, Tesco, Sainsbury’s and Asda suggest they have been bulked out with cheap syrups made from rice and corn – without the retailers’ knowledge. … Read more

Asda and Iceland mince pies win a Which? Best Buy award in blind taste test

Asda and Iceland’s 33p mince pies beat posh rivals Waitrose and M&S in Which? Best Buy survey (but ‘claggy’ Sainsbury’s come last) Budget supermarkets Iceland and Asda came out top in the Which? taste test Beat competition from M&S, Waitrose, Tesco, Aldi, Lidl, Morrisons and Co-op Sainsbury’s and Morrisons received the lowest scores and attracted … Read more