Asda has appointed CBRE to advise on its store expansion drive, which includes 300 new convenience store openings by the end of 2026.
The supermarket retailer, which is owned by the Issa brothers and TDR Capital, operates 633 stores in the UK. It launched its “Asda Express” convenience format in October last year, with the first two stores opening before Christmas.
Adrian Hanley, director of UK retail at CBRE, said: “Shopping patterns have evolved in recent years, and while some shoppers will continue to grocery-shop solely online, there will always be incredibly strong demand for physical grocery stores.
“Enhancing its store offering to include convenience stores on a national scale will further solidify Asda’s position as a leading supermarket.”
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