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Tag: Issa brothers

How to turn a gas station into a billionaire empire

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How to turn a gas station into a billionaire empire

The Issa brothers are among Britain’s best known businessmen. The news that one of the billionaire Issa brothers had decided to sell his shares in supermarket giant Asda marked the end of an era for some of Britain’s most successful self-made entrepreneurs. Zuber Issa’s decision to sell his stake in funds managed by private equity […]

Why Britain’s Walmart needs to re-examine its hero’s playbook

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Why Britain’s Walmart needs to re-examine its hero’s playbook

Asda is still Britain’s third-largest supermarket, but discounters are threatening its position. (Photo … (+) by Matt Cardy/Getty Images) Getty Images Asda once copied Walmart’s strategy so well that Walmart swooped in and bought the company. But just as Walmart eventually pulled out of the business, Asda has been on a downward spiral of late. […]