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Sainsbury confirms Asda merger talks

J Sainsbury plc confirmed on Saturday that it is in “advanced discussions” about merging with Walmart’s Leeds-based subsidiary Asda. It is not yet clear how…


Asda sales growth boosted by strong Christmas

Walmart said its Leeds-based subsidiary Asda chalked up its fourth consecutive “step on” in sales, reporting like-for-like sales growth of 0.5% in the fourth quarter to December…


Walmart cheers sales growth at Asda

Walmart said its Leeds-based subsidiary Asda enjoyed a second consecutive quarter of positive like-for-like growth. Walmart announced in its earnings for the third quarter that Asda reported…


Burnley to succeed Clarke as Asda CEO

Walmart said Roger Burnley would take over as CEO at its Leeds-based subsidiary Asda on January 1, 2018, succeeding Sean Clarke who will leave the post after just…



Asda sales decline slows down

Leeds-based Asda, a subsidiary of US retail giant Walmart, said its comparable sales declined 2.9% in the fourth quarter ending December 31, excluding petrol. But the figures showed an…





Newcastle’s Northstar Ventures launches tech fund

Newcastle-based venture capital and social investment firm Northstar Ventures has launched its first Enterprise Investment Scheme (EIS) fund, the Northstar EIS Growth Fund, which is now open for subscriptions….







JD Sports Fashion hires new directors

Bury-based FTSE 100 retailer JD Sports Fashion plc announced that Angela Luger and Darren Shapland will be appointed as non-executive directors with effect from June 1,…


Jet2 beefs up board with big appointments

Leeds-based Jet2 plc announced the appointments of Simon Breakwell and Angela Luger as independent non-executive directors of the company with effect from April 27 and July…














Issa brothers’ EG Group to create 32,000 jobs

Blackburn-based petrol station, restaurant and convenience store giant EG Group has announced plans to create more than 32,000 jobs globally over a five-year period — driven by a…




Skipton appoints Gwyn Burr as new chair

Skipton Building Society said it will appoint Gwyn Burr as its new chair on April 26 when Robert East retires from the role. “Robert has served the…


Greggs appoints Roisin Currie new CEO

Newcastle-based food-to-go retailer Greggs said on Thursday it has appointed its retail and property director Roisin Currie to succeed Roger Whiteside as chief executive when he…




Tech recycler musicMagpie tops £145m revenue

Stockport-based musicMagpie — which allows consumers to buy, rent and sell refurbished consumer technology — said on Wednesday its financial performance for the year is in…










Issa bros’ EG Group buys £100m Leon Restaurants

Blackburn-based petrol station and convenience store giant EG Group, owned by the billionaire Issa brothers, announced it has acquired the British fresh fast food restaurant chain Leon Restaurants Limited…




EG fuels IPO talk as Stuart Rose becomes chairman

Blackburn-based petrol station and convenience store giant EG Group has named industry veteran Stuart Rose as non-executive chairman to improve its governance, raising expectations of a stock…




Blackburn’s EG Group expands further in US

Blackburn-based petrol station billionaires the Issa brothers have announced that their company, EG Group, is expanding further in the United States. The Issa brothers and…



Tekmar chairman MacDonald becomes CEO

Newton Aycliffe-based offshore energy services firm Tekmar Group said on Thursday it appointed Alasdair MacDonald as chief executive officer with immediate effect. MacDonald was chairman of…


EG Group hires KPMG as auditor Deloitte quits

Blackburn-based petrol station and convenience store giant EG Group has appointed accounting firm KPMG as its new auditor following the resignation of Deloitte. The Financial Times newspaper…










CEO leaves Manchester fashion giant N Brown

Manchester-based fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said on Wednesday that its CEO Angela Spindler will leave…


Tour de Yorkshire injects £98m into economy

The 2018 Tour de Yorkshire boosted the county’s economy by about £98 million, according to an economic impact study conducted by independent research company GRASP and…


Morrisons sales up amid merger frenzy

Shares of Bradford-based supermarket group Morrisons rose about 3% on Thursday after it produced a positive quarterly trading update and became the subject of speculation on…