04-05-2024 14:00 via ft.com

Asda’s owners piled on £1.5bn of liabilities to fund petrol station deal

Issa brothers and private equity firm TDR used property sale and leasebacks as well as borrowing against ground rents
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Retail news



UK’s garden centres hope sunshine and Chelsea flower show will help them rebound from the rain
UK’s garden centres hope sunshine and Chelsea flower show will help them rebound from the rain
Asda sales boosted as George ‘outperformed’ the market
Asda sales boosted as George ‘outperformed’ the market
Ebay returns to Love Island as headline sponsor
Ebay returns to Love Island as headline sponsor
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Sports Direct loses appeal over Newcastle United kit deal
Sports Direct loses appeal over Newcastle United kit deal
The Body Shop to be auctioned after CVA plans fail
The Body Shop to be auctioned after CVA plans fail
ASOS launches in India through partnership with Reliance Retail
ASOS launches in India through partnership with Reliance Retail
Asda unveils new brand identity in summer campaign
Asda unveils new brand identity in summer campaign
John Lewis appoints new director of fashion
John Lewis appoints new director of fashion
Aldi introduces recyclable butter packaging
Aldi introduces recyclable butter packaging
Phase Eight upsizes at Bluewater
Phase Eight upsizes at Bluewater
Currys to improve 65 stores to enhance the customer experience
Currys to improve 65 stores to enhance the customer experience
Sainsbury’s to become ‘UK’s leading AI-enabled grocer’ as it inks Microsoft tie-up
Sainsbury’s to become ‘UK’s leading AI-enabled grocer’ as it inks Microsoft tie-up
‘Super cute please like’: the unstoppable rise of Shein – podcast
‘Super cute please like’: the unstoppable rise of Shein – podcast
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