Skip to content
Search
AI Powered
Latest Stories

Issa brothers to open more than 300 'Asda on the move' convenience stores

Issa brothers to open more than 300 'Asda on the move' convenience stores
(Photo by BEN STANSALL/AFP via Getty Images)
AFP via Getty Images

More than 300 Asda convenience stores may soon be seen across EG Group’s petrol forecourt empire, a report claimed on Sunday (29), saying Mohsin and Zuber Issa are pressing ahead with the plan of opening "Asda on the Move" stores across the UK.

As per a Sunday Times report, Mohsin and Zuber Issa are planning to roll out “Asda on the Move” stores to more than 300 UK forecourts, following a successful trial of five of these sites. If the plan goes ahead, this will be the Issa brothers’ first move as Asda’s new owners.


The billionaires, who are behind forecourt giant EG Group, and private equity backer TDR Capital, completed an acquisition of the Leeds-based Big four grocer earlier this year.

Asda spokesperson has refused to comment on the matter.

“Given this is a speculative piece with little detail behind it we are not providing any comment,” Asda spokesperson said.

The news comes a week after it emerged that Lord Stuart Rose is reportedly set to become the next chair at Asda as the search for a chief executive for the Big 4 retailer continues.

Several reports suggest that Rose, who was Marks & Spencer's boss between 2004 and 2011, is being considered for the chair role. Rose is already the chair at EG Group, the Issa brothers’ petrol forecourt empire.

Speculation is also rife that retail veteran Ian McLeod could be returning to Asda as its new chief executive under new owners, the Issa brothers and TDR Capital.

A former boss of Halfords and Australian grocery giant Coles, McLeod had previously been part of the team that saw Asda avoid bankruptcy.

M&S Food chief Stuart Machin and Morrisons’ chief operating officer Trevor Strain also have been linked with taking the chief executive role as Asda boss Roger Burnley reportedly left the supermarket giant following the completion of its £6.8 billion takeover.

More for you

A woman enters the Selfridges department store

A woman enters the Selfridges department store on December 13, 2024 in London, England

Photo by Leon Neal/Getty Images

Retail faces mixed fortunes in 2025 amid cost pressures, AI opportunities, and high street revival


The UK retail sector is bracing for a challenging but opportunity-filled 2025, according to Jacqui Baker, head of retail at RSM UK. While the industry grapples with rising costs and heightened crime, advancements in artificial intelligence and a revival of the high street offer potential pathways to growth, she said.

Keep ReadingShow less
unsafe soft drinks seized in Southend

Unsafe soft drinks seized in Southend

Photo: Southend-on-Sea City Council

1,100 unsafe soft drinks seized in Southend safety crackdown

Southend-on-Sea City Council officials have secured food condemnation orders from Chelmsford Magistrates Court, resulting in the seizure and destruction of 1,100 unauthorised soft drinks.

The condemned drinks, including Mountain Dew, 7-UP, Mirinda, and G Fuel energy drinks, were found during routine inspections of food businesses across Southend by the council’s environmental health officers.

Keep ReadingShow less
Charity Super.Mkt at Brent Cross Shopping centre in north London

A customer browses clothes inside Charity Super.Mkt at Brent Cross Shopping centre in north London on, December 17, 2024

Photo by JUSTIN TALLIS/AFP via Getty Images

Brits kindle Christmas spirit with second-hand gifts

Bursting with customers one afternoon the week before Christmas, a second-hand charity shop in London's Marylebone High Street looked even busier than the upscale retailers surrounding it.

One man grabbed two puzzle sets and a giant plush toy as a present for friends, another picked out a notebook for his wife.

Keep ReadingShow less
Nothing is more important than your Mental Elf

Nothing is more important than your Mental Elf

Lancashire Mind’s 11th Mental Elf fun run was its biggest and best yet – a sell-out event with more than 400 people running and walking in aid of the mental charity, plus dozens more volunteering to make the day a huge success.

The winter sun shone on Worden Park in Leyland as families gathered for either a 5K course, a 2K run, or a Challenge Yours’Elf distance which saw many people running 10K with the usual running gear replaced with jazzy elf leggings, tinsel and Christmas hats.

Keep ReadingShow less
A woman walks past a window display promoting an ongoing sale

A woman walks past a window display promoting an ongoing sale, on December 13, 2024 in London, England.

Photo by Leon Neal/Getty Images

Retail sales disappoint before Christmas

UK retail sales rose less than expected in the runup to Christmas, according to official data Friday that deals a fresh blow to government hopes of growing the economy.

Separate figures revealed a temporary reprieve for prime minister Keir Starmer, however, as public borrowing fell sharply in November.

Keep ReadingShow less