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Sun August 04 2024

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Fit-out bonanza in Asda's £100m programme

10 Mar 11 Supermarket group Asda will spend more than £100m on fitting out 147 former Netto stores this year.

This follows clearance from the Office of Fair Trading for Asda’s acquisition of the stores from Netto.

As well as converting Netto stores, Asda also plans to build a further 21 new stores, totally 550,000 sg ft. These include seven Asda Superstores, four Asda Livings and 10 Asda Supermarkets . A further five stores will be extended.

Last week Asda entered into a contract to acquire six stores from Focus DIY. Subject to landlord’s approvals and local planning consents, these will be converted into Asda Supermarkets.

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MPU

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