Asda Downsizes

Summary


Supermarket giant Asda confirmed plans yesterday to roll out a new smaller shop format in a bid to take on its rivals in the discount store sector.

The UK's second biggest grocer will stock mostly Asda-branded products at the new type of store, which is modelled on other budget chains in the sector. It is part of a drive by Asda to boost its share of the UK grocery market after seeing tough trading conditions take their toll on sales in recent months.

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Asda Downsizes

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