Asda will introduce HAIRDRESSERS and nail bars to stores after £6.8bn takeover bid - News Summed Up

Asda will introduce HAIRDRESSERS and nail bars to stores after £6.8bn takeover bid


Asda will introduce hairdressers and nail bars to stores after two billionaire brothers' £6.8bn takeover of the supermarket giant is completed. Mohsin and Zuber Issa, owners of Euro Garages, are looking to cut the amount of floorspace dedicated to food by a quarter once its purchase from US company Walmart goes through. The brothers intend to replace food aisles with cafes, hair salons and nail bars, as part of a larger plan to keep people shopping for longer, according to The Sunday Times. The Blackburn-born brothers, who have made a fortune by revamping petrol station forecourts, completed their purchase of Asda in February. The Issa brothers' estate includes a £25m Kensington townhouse and a private jet that is kept in a hangar at Blackpool Airport alongside Donald Trump's personal helicopter.


Source: Daily Mail March 12, 2021 19:18 UTC



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