A new £6.8 billion landmark deal has been agreed to officially place ASDA into the ownership of billionaire Issa brothers from Blackburn.
The reported multi-billion deal will see the supermarket chain under British ownership after 20 years.
Previous American-owner Walmart has accepted an offer from a consortium of Zuber and Mohsin Issa – of EG Group – and private equity firm TDR Capital, which meaning the supermarket chain will be majority owned by UK firms for the first time since 1999.
Roger Burnley – Chief Executive Officer of ASDA – said: “This new ownership opens an exciting new chapter in ASDA’s long heritage of delivering great value for UK shoppers.
“With our combined investment, expertise and ambition, ASDA, Walmart, the Issa brothers and TDR have an incredible opportunity to accelerate our existing strategy and develop an even more exciting offer for our customers as well as strengthen our business for our colleagues.
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“In a constantly changing retailing environment, our new ownership will further enhance our resilience, whilst creating significant, additional opportunities to drive growth.
“For ASDA colleagues, a strong and growing business is important for our long-term future.”
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EG Group / Issa Brothers
Mohsin and Zuber Issa started out in a garage which their dad – who had worked in a woollen mill – bought and branched out on their own by first renting a petrol station for two years, then in 2001 buying their first forecourt – a derelict freehold site in Bury – and formed Euro Garages.
The EG Group now has almost 6,000 sites across 10 countries, from the UK to the US and Australia. It runs outlets for Greggs, Starbucks and KFC, and employs 44,000 people.
In 2017, the EG Group also bought 77 Little Chef roadside restaurants.
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Speaking on the ASDA deal, Mohsin and Zuber Issa said: “We are very proud to be investing in ASDA, an iconic British business that we have admired for many years.
“ASDA customer-centric philosophy, focus on operational excellence and commitment to the communities in which it operates are the same values that we have built EG Group on [and ASDA’s] performance through the COVID-19 pandemic has demonstrated the fundamental strength and resilience of the business,
“We are excited to support Roger and his team as they continue to reposition the business to drive long-term growth.”
Zuber continued: “We grew [the EG Group] from nothing. We’ve been on the pumps, we’ve been stocking the shelves, cleaning the toilets. You do everything, and once you do the foundation work, it’s no different wherever you go in the world.
“It’s a petrol station – you’re selling fuel, you’re selling coffee, you’re selling convenience.”
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McDonald’s announces 2024 Christmas menu with new Cheesy McCrispy, Terry’s Chocolate Orange Pie, and more
Emily Sergeant
McDonald’s has unveiled its Christmas menu for 2024, and there’s lots of festive feasting to get stuck into.
It’s been a long time coming, but after several chains and fast food joints have already announced and launched their festive food and drink offerings for 2024 over the last few weeks, McDonald’s has finally joined the Christmas party, and there’s a bunch of new and returning fan favourites on the lineup to get those mouths watering.
We’re talking Cheese Melt Dippers, seasonal McFlurrys, limited-edition festive pies, and a cheesy twist on one of the chain’s most popular burgers.
New to the menu this year is the Cheesy McCrispy, which is a “levelled up” version of the McCripsy we all know and love, taking the classic crispy chicken fillet and all the trimmings, and combining it with two slices of cheese, and lashings of rich cheese sauce.
McDonald’s has unveiled is Christmas menu for 2024 / Credit: McDonalds UK
Other burgers on the lineup are the grand return of the Big Tasty and Big Tasty with Bacon, both made with a 100% beef patty, Emmental cheese, onions, juicy tomatoes, and topped off with a unique smoky-flavoured sauce nested in a freshly-toasted bun.
Also being thrown back into the mix this year are the Cheese Melt Dippers, which are the perfect festive feast accompaniment made with camembert and served with a rich tomato dip.
Happy Meals will also be taking on a special Grinch theme this year too.
Got yourself a bit of sweet tooth though? There’s two new tasty treats to choose from this year, alongside the return of the beloved Galaxy Caramel McFlurry.
There’s a bunch of new and returning fan favourites on the lineup / Credit: Visual Karsa (via Unsplash)
If Galaxy Caramel isn’t your thing, then perhaps chocolate orange will be instead, as 2024 brings the introduction of the Terry’s Chocolate Orange McFlurry, with Terry’s Chocolate Orange mini segments and chocolate orange sauce swirled into the ice cream, and then there’s the Terry’s Chocolate Orange Pie.
This year, McDonald’s has combined its classic pie with everyone’s favourite zesty chocolate to create a crispy chocolate pastry filled with a Terry’s Chocolate Orange-flavoured ganache.
On the hot drinks front, you have a Galaxy Caramel Latte and a Galaxy Caramel Hot Chocolate to choose from.
The full McDonald’s 2024 Festive Menu will be available to tuck into from 20 November, and is expected to stick around until the new year.
Featured Image – McDonald’s UK
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Asda relaunches over 60s ‘winter warmer’ cafe deal with soup and unlimited hot drinks for £1
Emily Sergeant
Asda is bringing back its popular £1 ‘winter warmer’ cafe meal deal to support the over 60s during the colder months.
After it was sadly revealed that almost one in five elderly people claimed there were days when they didn’t speak to a single soul last Christmas, and that during the run up to the big day, 15% said they got used to not conversing with other people, Asda has decided to relaunch one of its most widely-praised cafe meal deals again this year.
To support those who need it most as the temperatures drop, the supermarket is, once again, offering all over 60s the chance to enjoy some hearty soup, a bread roll, and unlimited tea and coffees for just £1 in any of its cafes across the UK.
Back by popular demand, this year’s Winter Warmer initiative is bigger and better than ever, with three soup flavours to choose from.
With the offer now running until the end of 2024, Asda is aiming to transform its in store dining spaces into ‘Chatty Cafes’ – where senior citizens can come together under one roof, eat and drink, and make some new friends.
As well as its ‘Chatty Cafe’ offer, Asda colleagues will be also be donning ‘Happy to Chat’ badges throughout the festive season, checking in on older customers in store and when delivering home shopping orders, while the Asda Foundation will deliver £600k worth of grants to tackle loneliness amongst the elderly by boosting activities in the local communities, and funding Christmas celebrations.
Asda has relaunched its over 60s ‘winter warmer’ cafe deal with soup and unlimited hot drinks for £1 / Credit: Asda
“Christmas is a time to enjoy time with loved ones,” explained David Hills, who is the Chief Customer Officer at Asda, “and the fact one in 10 of our older generation is facing Christmas alone is genuinely sobering.
“That’s why we’re proud to invest almost £1 million through our in-store initiatives and grants to do what we can to tackle loneliness and isolation in the communities we serve.
“Our teams do incredible work to support communities all year round, and I’m so proud to be able to launch the Chatty Cafés initiative today, alongside our renowned Winter Warmers deal, which we know is a lifeline to many.”
The Manc -
2nd October 2020 
