Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate its growth strategy in convenience and put it firmly on track to reach 1,000 UK stores in total for the first time.
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00:00 Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.
00:05 Here are your business headlines for today.
00:08 The Leeds-based supermarket chain Asda will open 110 Asda Express convenience stores in February,
00:15 which is a record for a single month, which puts it on track to reach 1,000 UK stores in total for the first time.
00:23 The supermarket will convert 109 former convenience stores acquired from the Carp and EG Group to Asda Express this month,
00:31 with one additional opening as part of a multi-million pound investment to support its commitment to become the second largest grocery retailer in the UK.
00:40 In a statement, Asda said, "This will ensure that Asda brings its great value in fuel,
00:45 which is already the price leader among the supermarkets, to many more communities across the UK."
00:50 Additionally, customer shopping for groceries at Asda Express can expect to save an average of 8% compared to the former Co-op stores,
00:57 and 15% in comparison to the former EG Group convenience sites.
01:02 A statement there for Asda as the supermarket chain announces that it will open 110 Asda Express convenience stores in February.
01:10 My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.