Tesco faces £1bn hit to National Insurance bill - Retail Gazette
Nov 10, 2024 · Asda estimates the change will add an extra £100m to its tax bill, while Sainsbury’s boss Simon Roberts revealed last week that its National Insurance costs would …
As Morrisons slashes debt, has it cut back too much?
Dec 19, 2024 · Morrisons recently unveiled that it had slashed its debt by £2.4bn following its restructuring, and had now lowered its debt by almost 40%.
Asda owners enjoy £44m payout despite poor performance
Dec 24, 2024 · Asda’s private equity owner has enjoyed a £44m payout despite the supermarket chain’s ongoing struggles. Newly filed accounts for TDR Capital, which also owns pet retailer …
Boots owner Walgreens explores $10bn sale to US private equity …
Dec 11, 2024 · Boots’ US owner Walgreens Boots Alliance (WBA), is reportedly in discussions with American private equity giant Sycamore Partners on a potential takeover in a deal which …
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Asda market share tumbles as sales drop - Retail Gazette
Nov 12, 2024 · Britain’s biggest supermarket Tesco upped its market share from 27.3% to 27.9% as spending through its tills climbed 4.6%. Sainsbury’s sales rose 4.4%, helping to push its …
Morrisons introduces loyalty card points on every product
Dec 2, 2024 · Morrisons is offering five More Card points on every single product it sells from today in store, online and on Amazon as part of its loyalty scheme revamp.
Aldi to invest £650m in UK expansion plans in 2025
Dec 17, 2024 · Aldi has unveiled plans to invest around £650m across its UK store network next year. The German discounter said this includes the development of new stores in Fulham …
The Body Shop returns to profit three months after rescue
Dec 19, 2024 · The Body Shop has pulled in a profit three months after being saved from administration. Charles Denton, the new boss of the cosmetics chain told workers it was “back …
LloydsPharmacy goes into liquidation owing £293m
Jan 31, 2024 · LloydsPharmacy has entered into liquidation, concluding the final stage of its year-long divestment campaign under private equity owner Aurelius.