Archive of all EG Group articles – Page 2
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NewsAsda opens 150th On the Move convenience store
The latest opening puts Asda a step closer to having 200 of the roadside convenience stores by the end of 2023
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NewsMedia Bites 29 March: EG Group/Subway, Planet Organic/Waitrose, Diageo
The owners of Asda are said to be planning an £8bn takeover of Subway
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NewsCMA raises concerns over 13 sites in Asda’s deal to buy Co-op forecourts
Asda had argued competition concerns would not arise as the deal would allow it to bring its low-cost pricing model to more customers
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NewsCity snapshot: EG Group reports ‘resilient’ 2022 as it sells off chunk of US sites for $1.5bn
Forecourt giant EG Group has delivered “a highly resilient” performance in 2022 despite the challenging macro-economic environment. The group also announced a $1.5bn sale and leaseback on a portfolio of sites on the east coast of the US to help reduce its mountain of debt
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NewsPark Garage Group boosts food to go offer by buying 27 EG Group sites
According to its latest accounts, the acquisitions opened up ‘several new business stream opportunities’ with Greggs, Subway and Starbucks
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Analysis & FeaturesA year in convenience: McColl’s deal dominates as Asda moves for Co-op forecourts
New rapid delivery players have dominated the headlines, but the major multiples continue to encroach
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NewsAsda to fall short of ‘On The Move’ store target by over 100 sites
It comes as Asda announced plans to launch its own standalone convenience format under a new Asda Express brand last month
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NewsAsda Derby opening marks 50th ‘On The Move’ convenience store
The latest opening marks a quarter of the way to the supermarket giant reaching its 200-store target by the end of the year
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NewsCity snapshot: EG Group revenues mount but profits hit by inflationary pressures
Forecourt giant EG Group has announced “resilient” second quarter trading, with sales rebounding by 34%, though inflationary pressures reduced headline profits. Plus, Reckitt CEO Laxman Narasimhan to take over at Starbucks and all the rest of the latest news from the City.
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NewsAsda opens first convenience store in Scotland
The new Asda on the Move store in Livingston is its 36th convenience store being run in partnership with EG Group
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsAsda moving closer to standalone convenience offer
Asda has posted a series of recent job ads relating to the convenience project
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NewsEG Group stops one million meals from going to waste in UK with Too Good To Go
The forecourt giant said the milestone highlighted its ongoing commitment to reducing food waste
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NewsEG Group profits climb as sales soar 25%
Profits have leapt higher at forecourt giant EG Group as a growing foodservice business and soaring prices at the pumps help fuel a 25% jump in first-quarter revenues.
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NewsAsda opens largest ‘On The Move’ store yet on EG forecourt in Nottinghamshire
The 5,000 sq ft store in Retford, Nottinghamshire offers more than 2,500 Asda own-brand and branded items
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Comment & OpinionWho will buy the McColl’s stores if it goes under?
You would think the Issa brothers have enough to digest on their plate for the time being
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NewsZuber Issa to independently open new store concept dubbed Euro Grocers
It is a venture Issa is embarking on independently from the wider EG Group or Asda
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NewsEG Group to offer 500 apprenticeships over three years
There are already around 200 apprentices signed up to the business for this year,
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NewsLeon accelerates store rollout programme with 50 new restaurants
Leon aims to create 1,000 new jobs next year, and a total of 4,000 roles over the next three years
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NewsEG Group hails performance of foodservice brands in Q3
Revenues at EG Group soared more than 20% in the third quarter thanks to its growing foodservice business