Hundreds of jobs at Asda have been cut, connected to its troubled IT upgrade. More than 200 employees were dismissed without consultation, as part of
Walmart
US retail giant Walmart, which owns a majority stake in Massmart, has proposed to acquire the rest of shares in the company in a deal
The billionaire brothers who took over Asda earlier this year have abandoned a £750 million plan to fold the company’s petrol forecourts into their filling
The founders and co-CEOs of the EG Group – Mohsin and Suber Issa – have completed their acquisition of Asda – along with investment funds