Free ebooks Library download z-library project Your investment journey in Canada starts with Immediate Core

Asda has announced it is opening 110 Asda Express convenience stores in February – a record for a single month – as it looks to reach 1,000 UK stores in total for the first time.

The retailer will convert 109 former convenience stores acquired from the Co-op and EG Group to Asda Express this month and open one new standalone Express store in Birmingham.

The new stores are located in all corners of the UK, from the Isle of Skye in the Hebrides to Plymouth in Devon and Ipswich in Suffolk.

Asda Express stores stock up to 3,000 branded and own-label products to suit a broad range of customer needs including ‘top up’ shops for essential items such as milk and bread, grabbing lunch on the go or cooking dinner from scratch.

The new sites will ensure that Asda brings its great value in fuel, where it is already the price leader among the supermarkets, to many more communities across the UK. Additionally, customers shopping for groceries at Asda Express can expect to save an average of 8% compared to the former Co-op stores and 15% in comparison to the former EG Group convenience sites.

Asda is continuing its programme to convert all 470 convenience sites acquired from the Co-op and EG Group to Asda Express before the end of March. The supermarket had converted 259 sites by the end of January, in addition to the eight standalone Asda Express sites already open.

The record number of openings in February will also bring Asda’s combined supermarket and convenience estate to its biggest in its 58-year history as the business hits the landmark of 1,000 UK stores. 

Andy Perry, Asda’s Vice President of Convenience, said: “Asda’s significant investment in building a nationwide chain of convenience stores is a key component of our long-term strategy to become the number two player in UK grocery. February is a transformational month for programme with a record number of store openings and conversion of all former Co-op sites to Asda Express sites. The teams have worked at pace to reach this point and we look forward to bringing Asda’s quality and low prices to many more communities across the UK.” 

Asda’s ongoing expansion into the fast-growing £40bn convenience and £60bn food to go has been a key pillar of the retailer’s strategy since the acquisition by the Issa brothers and TDR Capital completed in 2021.

Comments are closed.


Agreement

To use this website, you must be aged 18 years or over

This will close in 0 seconds