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Wed November 20 2024

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Asda outlines store building plans

20 Feb 15 Supermarket chain Asda is planning to spend £600m this year on building new stores and improving existing ones.

The US-owned chain, part of the Walmart group, plans to open 17 new stores in 2015, including three supermarkets in London.

A further 62 stores will undergo a major remodel this year, 鈥渢o reflect changing shopper habits鈥, and petrol stations will be built at 36 locations.

Asda president and CEO Andy Clarke said: 鈥淚'm pleased that we can announce our continued investment in the UK with 拢600m for new and improved stores in 2015. With such a powerful force like Walmart behind us that fully supports our strategy, we're in a unique position in a difficult market 鈥 a position of great strength."

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