NEWS

Asda plans to open 150 more stores in the South by 2018

Published on: 25th March 2015

Asda is staging a major Southern push, opening 11 new stores in the Greater London region over the next few months with plans for a further 150 by 2018.Asda-wordpress

Two of the new stores, one in Deptford and the other in Wealdstone, will be a trial of a new smaller format. The new concept comes at a time when most of its competitors have large numbers of convenience stores that are making more sales than core supermarkets.

The retailer will also open seven standalone petrol filling stations, not attached to any existing stores, and two new superstores in Chatham Docks and Hayes. The expansion comes at a time when the Big Four grocers have announced plans to scale back store estates.

Andy Clarke, Asda chief executive, has previously said the grocer, which is owned by America’s Walmart, is looking to expand with a focus on the South of the country. Its Leeds roots mean it has had a disproportionate northern presence.

Craig Bonnar, the Asda director responsible for store development, said: “We have set out a clear five-year strategy which includes expanding further into London and the South East, and we anticipate this will include opening 150 petrol stations and 1,000 Click and Collect sites by 2018. Customers tell us that a convenient and great value shopping experience is important to them.”

RECENT ARTICLES

Reality bites…it’s the Friday Blog!

Boots to significantly reduce toys presence in stores

Mattel releases full 2019 and Q4 results

Playmobil launches EverDreamerz collectibles 

The latest Toy World recruitment roundup

The Toy Association provides update on coronavirus ahead of Toy Fair New York

Hamleys to host in-store activities for February half term

Plum Products launches new Bowl Freebound Trampoline

Toytown in Woodbridge to close after 30 years

Details for new BlogOn Kids event revealed