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Asda invests £14.5m across stores in UK
Asda is to open the doors to its 100th smaller format UK supermarket in York. The new supermarket is one of 66 stores that have been transformed from a Netto to an Asda.
This latest milestone comes after Asda’s president and CEO, Andy Clarke, recently revealed Asda was to accelerate its plans. The retailer now aims to have 250 Asda supermarkets open by 2015.
The new store in Layerthorpe is one of 10 other supermarkets that have already opened in the Yorkshire region, investing £7m into the area and creating more than 160 jobs.
During the rest of 2011, Asda will also invest a further £8m in the region with more conversions of Netto stores into Asda supermarkets.
Karen Hubbard, Asda supermarkets director, said: “Each Netto we’ve opened so far as an Asda has been a fantastic success. Because of the smart way we’ve transformed the store, it’s powered by the same prices we have in all our other Asda stores, large or small.”
Source: Asda
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