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Strategic outlook for Asda

Examining Asda’s recent market performance and its strategic priorities for growth as it aims to become the UK’s second largest grocer.

Asda: data

See data on the retailer’s performance and forecasts for its operations by channel.

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Asda’s expansion into the convenience channel shows no signs of slowing down. Following the recent opening of its 100th Asda Express store the retailer has announced plans to treble its convenience store presence in London by the end of March.

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Asda’s expansion into the convenience market has reached a notable milestone with the opening of the 100 th Asda Express store in Hexham. Following the news of its acquisition of the EG Group’s UK business , Asda is aiming to complete 20 store conversions a week, with all former EG Group and Co-op sites converted into its Asda Express format by the spring of 2024. As well as the 100 th s...
Asda has released its latest results update, covering the three months to 30 th September. Total revenue for the period was £5.4 bn, a year-on-year increase of 3.8%. Food sales underpinned by performance of Just Essentials range Asda said its like-for-like food sales had increased 3.2%, with the performance driven by a strong showing from its Just Essentials value range, where sales were u...
Following the confirmation of its purchase of EG UK’s convenience sites, Asda has confirmed it plans to convert all 356 sites into Asda Express stores by next summer. The conversion will include 117 Spar stores that previously sat on EG forecourts. Taking into account the conversion of the sites acquired from Co-op, Asda is aiming for 20 store conversions per week. As part of its long-term ...
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