Asda plans to add 10 stores to its existing UK portfolio this year, through a mixture of new site acquisitions and redevelopments. The development programme is valued at £360 million.
Eight stores are under construction, and will provide 4,650 sq m at Castlepoint Bournemouth, 4,100 sq m at Hurmaston, Leicester, 3,700 sq m at the Brighton Hill District Centre in Basingstoke, 3,600 sq m at Oldbury, West Midlands, 4,650 sq m at Crawley, 4,460 sq m at Sutton, South London, 4,650 sq m at Stevenage and 3,700 sq m at Harlow.
Three stores have also been earmarked for relocation within their existing catchment, although only two are likely to go ahead this year.
The three candidates are: a 4,100 sq m store in Widnes, a 4,650 sq m at Chesser in Edinburgh and 3,700 sq m in Halifax.
A£24 million refurbishment will extend the existing stores at Wigan and Sheffield to AsdaWal-mart supercentre status, meaning they will carry the widest ranges. And extensions at Weston-Super-Mare, Cumbernauld, Govan, Linwood (Paisley) and Bromsgrove will create an extra 8,000 sq m of sales floor space at a cost of £38 million.
After a successful trial at York, Asda plans to install mezzanine floors in stores at Sheffield, adding 3,000 sq m; Cumbernauld adding 1,400 sq m and Govan, also adding 1,400 sq m.