Asda draws its battle lines for Tesco tussle

  • Print
  • Share
  • Comment
  • Save

Asda is to open 15 new stores and extend 20 existing sites this year, in a continued effort to close the gap on market leader Tesco.
The £600m expansion plan will include stores of all sizes in the UK and create 6,000 jobs. Work began this week on Asda’s Supercentre in Milton Keynes, hitting the retailer’s target for 20 such stores by 2005. The 100,000sq ft development will require 1,000 new workers - the retailer’s largest-ever recruitment drive for a single store.
Other sites will range from 16,000 to 55,000sq ft - the largest the Bearsden store in Glasgow, which is set to be relocated. There are also plans to open five standalone non-food stores in the first half of this year, including a 26,000 sq ft Asda Living in Altrincham, Cheshire.
As Asda announced its expansion plans, US-based owner Wal-Mart reported its fourth quarter and final year figures, citing Asda’s total like-for-like sales for 2004, up by a percentage figure in the mid single-digits and food like-for-likes in mid single-digits.

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email

  • Print
  • Share
  • Comment
  • Save

Grocer jobs Experts in FMCG

Redhill Recruitment Ltd Business Development Manager – Meats

Business Development Manager – Meats - Redhill Recruitment Ltd

Upto £30k Basic + Excellent OTE - Company Car- Laptop & Phone
Search jobs
Sign in

Newsletter Sign-up


I wish to receive the following newsletters:

For Members

Become a Gold Member to receive these newsletters:

Become a Finance Member to receive these newsletters:

Become a member of The Grocer



CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.


The Grocer's commentators and opinion makers