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Morrisons takeover approach: Who wants to buy the supermarket and why?

365 Retail

billion takeover approach from a US private equity firm amid speculation that more UK supermarkets could be snapped up. UK supermarkets have been buoyed by the pandemic over the past year as sales were boosted by the closure of non-essential shops and hospitality firms. It expanded further in 2004 with the £3.3

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ARA – the voice of Australia’s retail community

Inside Retail

In May 2004, a new registered organisation was approved in which the various state bodies became divisions of the ARA. Based on this consensus, it was agreed that all state-based associations amalgamate to become the Australian Retailers Association (ARA). Why join the ARA.

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

On top of that, she has faced fierce criticism around her turnaround plan, which includes a focus on non-retail activities such as house building. Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. Sound familiar?

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Billionaire Issa brothers buy fast food chain Leon

365 Retail

Blackburn billionaire brothers Mohsin Issa and Zuber Issa, who own supermarket giant Asda, have bought the fast food chain Leon. Leon chief executive John Vincent, who co-founded the chain in 2004, described a “say day” but said that he has got to know the Issa brothers over the last few years.

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Morrisons takeover: Who wants to buy the supermarket and why?

365 Retail

Morrisons agreed a £7 billion offer on Thursday evening in the latest twist in the UK supermarket chain’s dramatic takeover battle. UK supermarkets have been buoyed by the pandemic over the past year as sales were boosted by the closure of non-essential shops and hospitality firms. It expanded further in 2004 with the £3.3