Zuber Issa
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Zuber Issa
Mohsin Issa CBE: and Zuber Issa CBE: are British Indians, British-Indian billionaire brothers and businessmen who both co-founded Euro Garages (EG), a chain of Filling station, petrol filling stations and convenience stores that operate in Europe, the United States and Australia. As part of a consortium with TDR Capital, the brothers are also a majority stakeholder in supermarket Asda. EG's annual sales across 10 countries is currently valued at €20 billion. Early lives Mohsin and Zuber Issa were born in July 1971 and June 1972 respectively in Blackburn, Lancashire in North West England into an British Indians, Indian Gujarati people#United Kingdom, Gujarati Islam in the United Kingdom, Muslim family to parents Vali and Zubeda who came to the United Kingdom from Bharuch, Gujarat, India in the 1960s to work in the textile industry and then ran a petrol pump. They were educated at Witton Park High School. Their childhood was a modest one, growing up in a terraced house in Blackb ...
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British Indians
British Indians are citizens of the United Kingdom (UK) whose ancestral roots are from India. This includes people born in the UK who are of Indian origin as well as Indians who have migrated to the UK. Today, Indians comprise about 1.4 million people in the UK, making them the single largest visible ethnic minority population in the country. They make up the largest subgroup of British Asians and are one of the largest Indian communities in the Indian diaspora, mainly due to the Indian–British relations (including historical links such as India having been part of the British Empire and still being part of the Commonwealth of Nations). The British Indian community is the sixth largest in the Indian diaspora, behind the Indian communities in the United States, Saudi Arabia, the United Arab Emirates, Malaysia and Nepal. The majority of British Indians are of Punjabi, Gujarati, Bengali and Malayali descent, with smaller Tamil, Telugu, Konkani, and Marathi communities. ...
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The Sunday Times
''The Sunday Times'' is a British newspaper whose circulation makes it the largest in Britain's quality press market category. It was founded in 1821 as ''The New Observer''. It is published by Times Newspapers Ltd, a subsidiary of News UK, which is owned by News Corp. Times Newspapers also publishes ''The Times''. The two papers were founded independently and have been under common ownership since 1966. They were bought by News International in 1981. ''The Sunday Times'' has a circulation of just over 650,000, which exceeds that of its main rivals, including ''The'' ''Sunday Telegraph'' and ''The'' ''Observer'', combined. While some other national newspapers moved to a tabloid format in the early 2000s, ''The Sunday Times'' has retained the larger broadsheet format and has said that it would continue to do so. As of December 2019, it sells 75% more copies than its sister paper, ''The Times'', which is published from Monday to Saturday. The paper publishes ''The Sunday Ti ...
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Morrisons
Wm Morrison Supermarkets, trading as Morrisons, is the fifth largest supermarket chain in the United Kingdom. As of 2021, the company had 497 supermarkets across England, Wales and Scotland, as well as one in Gibraltar. The company is headquartered in Bradford, England. Founded in 1899 by William Morrison, hence the abbreviation Wm Morrison, it began as an egg and butter stall in Rawson Market, Bradford, England. Until 2004, Morrisons store locations were focused primarily in the North of England but, with the takeover of Safeway in that year, the company's presence increased significantly in the South of England, Wales and Scotland. As of February 2021, Morrisons employed 110,000 employees and served around 11 million customers each week. The company was listed on the London Stock Exchange until it was acquired by Clayton, Dubilier & Rice in October 2021. Morrisons' UK market share in September 2022 was 9.1% – behind Tesco (26.9%), Sainsbury's (14.6%), Asda (14.1%) an ...
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McColl's
McColl's Retail Group is a British convenience shop and newsagent operator, trading under the trading names Morrisons Daily and McColl's (for convenience stores), Martin's (newsagents and pound shops) and RS McColl for some stores in Scotland. McColl's also operates post offices in several stores. History Martin McColl In 1998, TM Retail acquired the Martin's and RS McColl's chain of newsagents. In 2006, TM Retail was renamed Martin McColl Limited after a management buyout, with the various stores rebranded as ''Martin's'' (for the news and variety stores) or ''McColl's'' (for the convenience stores) and the stores in Scotland retaining the RS McColl name. From 2009 to 2010, Martin McColl Limited replaced their existing EPOS system with a new multi-screen touch screen system. It was hoped this would speed up the transaction process by incorporating Credit/Debit card systems within the EPOS. The multi-screen system allows advertising POS to be electronically displayed to c ...
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Walgreens
Walgreen Company, d/b/a Walgreens, is an American company that operates the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago, Illinois, in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens and Switzerland-based Alliance Boots merged to form a new holding company, Walgreens Boots Alliance Inc. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol . The company was found by a federal jury to have "substantially contributed to" the opioid crisis. History Walgreens began in 1901, with a small food front store on the corner of Bowen and Cottage Grove Avenues in Chicago, owned by Dixon, Illinois native Charles R. Walgreen. By 1913, Walgreens had grown to four stores on Chicago's South ...
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Boots (company)
Boots UK Limited (formerly Boots the Chemists), trading as Boots, is a British health and beauty retailer and pharmacy chain in the United Kingdom and other countries and territories including Ireland, Italy, Norway, the Netherlands, Thailand and Indonesia. The parent company, The Boots Company plc, merged with Alliance UniChem in 2006 to form Alliance Boots. In 2007, Alliance Boots was bought by Kohlberg Kravis Roberts and Stefano Pessina, taking the company private, and moving its headquarters to Switzerland, making it the first-ever FTSE 100 company to be bought by a private equity firm. In 2012, Walgreens bought a 45% stake in Alliance Boots, with the option to buy the rest within three years. It exercised this option in 2014, and as a result Boots became a subsidiary of the new company, Walgreens Boots Alliance, on 31 December 2014. Boots is one of the largest retailers in the UK and Ireland, both in terms of revenue and the number of shops. It has 2,200 shops across the Un ...
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Castore (brand)
J.Carter Sporting Club Limited (operating as Castore) is a British manufacturer of sportswear and athletic clothing, headquartered in Manchester, England. The company's products are sold in more than 50 countries worldwide and have sponsorship deals with association football teams, cricket teams and tennis players. History The company was founded in 2015 by brothers Thomas (born September 1989) and Philip Beahon (born November 1992) when they were 25 and 22 years old respectively. Tom had been a professional youth football player for Tranmere Rovers between the ages of 17 and 21 before spending time at Jerez Industrial in Spain and attending the Glenn Hoddle Academy. Phil played semi-professional cricket for Cheshire and Lancashire cricket clubs. The pair left their playing careers in 2013 and moved to London to work in finance in an effort to raise money for their sportswear venture; Tom worked at Lloyds Bank and Phil for Deloitte. During their time in London they began their ma ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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Kroger
The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cincinnati, Ohio, Kroger operates 2,720 grocery retail stores under its various banners and divisions in 35 states and the District of Columbia with store formats that include 134 multi-department stores, 2,277 combo stores, 188 marketplace stores, and 121 price-impact warehouse stores. Kroger operates 33 manufacturing plants, 1,629 supermarket fuel centers, 2,252 pharmacies, 225 The Little Clinic in-store medical clinics, and 129 jewelry stores (782 convenience stores were sold to EG Group in 2018). , Kroger's headquarters are located in downtown Cincinnati. The Kroger Company is the United States' largest supermarket operator by revenue and fifth-largest general retailer. The company is one of the largest American-owned private employer ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Manchester Evening News
The ''Manchester Evening News'' (''MEN'') is a regional daily newspaper covering Greater Manchester in North West England, founded in 1868. It is published Monday–Saturday; a Sunday edition, the ''MEN on Sunday'', was launched in February 2019. The newspaper is owned by Reach plc (formerly Trinity Mirror), /sup> one of Britain's largest newspaper publishing groups. Since adopting a 'digital-first' strategy in 2014, the ''MEN'' has experienced significant online growth, despite its average print daily circulation for the first half of 2021 falling to 22,107. In the 2018 British Regional Press Awards, it was named Newspaper of the Year and Website of the Year. History Formation and ''The Guardian'' ownership The ''Manchester Evening News'' was first published on 10 October 1868 by Mitchell Henry as part of his parliamentary election campaign, its first issue four pages long and costing a halfpenny. The newspaper was run from a small office on Brown Street, with approximately ...
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