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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Manchester Airport releases list of its 10 fastest-growing holiday hotspots – including ‘Maldives of Europe’
Emily Sergeant
Holiday season is well underway, and now Manchester Airport has released a list of its 10 fastest-growing beach destinations.
Want to visit somewhere new? Destinations in Portugal, Greece, and Croatia are among the 10 fastest-growing summer holiday hotspots on Manchester Airport’s route network.
Following the completion of the £1.3bn Terminal 2 transformation, and a major project to redevelop Terminal 3 also now in the works, the airport is expecting a record summer season this year, which is why, with a couple of weeks left, a list of the top 10 fastest-growing destinations has been revealed, so if you’re short of some travel inspiration, this is it.
Sunseekers’ favourites are all expected to see extra visitors from Manchester this summer, but other lesser-known destinations are seeing an even greater surge in popularity – with the number of people travelling there this summer versus last summer set to double (or even triple) in some cases.
Manchester Airport has released a list of its 10 fastest-growing holiday destinations / Credit: Marie Volkert | Northleg Official (via Unsplash)
These destinations are spread across the Mediterranean, and all offer a rich blend of sun, sea, sand, history, culture, and foodie delights.
As you’d expect, there are a number of Spanish spots on the list, including the emerging Canary Islands favourite of La Palma, Jerez de la Frontera near the historic city of Cadiz, and the popular Valencia.
Elsewhere, you’ll also find the major cities of Marseille in France, Porto in Portugal, and Verona in Italy on the list, but if you’re keen to visit somewhere a little more off the beaten track, why not try and trip to Zadar in Croatia or Preveza in Greece, which both appear to be growing in popularity.
One of the real stand-out gems on the list though has to be what is dubbed the ‘Maldives of Europe’.
Holiday season is well underway at Manchester Airport / Credit: Ivan Shimko (via Unsplash)
Albania’s capital Tirana is not only a great candidate for a city break, but it’s also the starting point for intrepid explorers seeking out the stunning beaches on the Albanian Riviera – which have become famous on social media over the past couple of years, and have drawn comparisons to the bucket list destination of the Maldives.
“Sometimes, a destination will go viral on social media or see a spike in demand as adventurous travellers discover it,” explained Stephen Turner, who is the Chief Commercial Officer at Manchester Airport. “And we then see that translate into airlines adding extra flights or flying larger aircraft to those destinations to meet that demand.
“We keep our finger on the pulse to analyse these trends and we work with our airline partners to ensure that if a particular destination is in vogue, or emerging as a new favourite, you can get there from Manchester.”
See the full list of stunning destinations and get booking your next trip here.
Featured Image – Nick Karvounis (via Unsplash)
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SpudBros are returning to the Trafford Centre following HUGELY successful debut
Emily Sergeant
Viral internet sensation SpudBros are returning to the Trafford Centre following their hugely successful debut.
Following the ‘overwhelming’ success of their first Trafford Centre residency earlier this summer, the UK’s most-followed jacket potato creators SpudBros are returning to the iconic retail destination for a second pop-up later this month.
Shoppers will once again be able to tuck into freshly prepared, fully loaded jacket potatoes served up in minutes, all without compromising on quality, flavour, or portion size.
The SpudBros – also known as Jacob and Harley Nelson – will, once again, be returning as part of Trafford Centre‘s annual summer fair.
At the pop-up, you’ll be able to pick from fan favourites like the Tram Classic, which is loaded with garlic butter, the signature three-cheese mix, beans, crispy onions, and world-famous ‘tram’ sauce, to the Spudfather topped with chilli con carne, tuna, and coleslaw.
There’s also a range of other flavour-packed options to tuck into, alongside the option to build your own potato, allowing every customer to create their perfect lunch.
“The response to our first week at Trafford Centre was incredible, so we couldn’t be more excited to return,” commented SpudBros co-founder, Jacob Nelson.
Viral internet sensation SpudBros are launching a special pop-up at Trafford Centre this summer / Credit: The Manc Group
“Manchester has always shown us so much support online and it was amazing to finally bring SpudBros to the city. We’re looking forward to serving even more visitors and welcoming back everyone who came to see us the first time around.”
Simon Layton, Centre Director at Trafford Centre, added: “SpudBros was a fantastic addition to our summer line-up and proved hugely popular with our visitors, so we’re delighted to welcome the team back for a second pop-up.”
The SpudBros pop-up will be located outside The Great Hall next week from Monday 24 to Saturday 29 August, serving signature loaded potatoes daily from 12-8pm.
The Manc -
2nd October 2020 
