ASDA to Open Smaller Scale Stores

JPMorgan analysts say that ASDA, the U.K. arm of Walmart, intends to open 100 smaller format stores in the next three to five years, as well as 150 non-food stores, an acceleration of the roll out of its ASDA Living format.

More plans are expected to be outlined soon, but it’s believed that 75 percent of ASDA’s growth will come from smaller stores, online and non-food.

The announcement is significant in the context of ASDA’s previous experiments with smaller stores, which ended in it closing its George clothing stores and ASDA Essentials, which sold mostly own-brand goods.

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