fbpx

Asda to open second Express store among affluent customer base

The site will be based near premium residential flats

Asda Express

Asda’s first Express stores could be targeting a more affluent customer base with a focus on food to go, planning applications suggest.

The supermarket announced the launch of a convenience format this month, with plans to open more than 30 sites by the end of 2023. Each store will be an average of 3,000sq ft and stock a range of 3,000 lines.

The first store opening is in the Falcon Lodge suburb of Sutton Coldfield, West Midlands, on 8 November. The second site will open on 6 December on a new housing development within Tottenham Hale, north London.

Licensing applications for the Tottenham site submitted to Haringey Council revealed it would be based in the same building as a new housing development. The store is also situated near student accommodation, a retail park and new-build flats, where a 1,000sq ft threebedroom apartment costs nearly £800,000. Competition includes a Tesco Express, Poundland, Iceland Food Warehouse and unaffiliated convenience stores nearby.

One senior planning consultant revealed that the Tottenham branch has planning applications for ventilation and extractor plants, suggesting a substantial food-to-go section. Proposals for the exterior signage also suggested an emphasis on fresh and chilled.

Commenting on the planning submissions, retail expert David Gilroy said: “The signage indicates advertising for several in-store concessions. It’s likely Asda will sell this space to Leon, Greggs or another of its food-to-go partners.

“The layout of the fridges also suggests some kind of service counter. It fits with the area as there are a lot of young professionals living nearby who are on the move a lot. The licensing application states opening hours of 6am-12am. Asda will have likely picked the store size for these extended hours.”

Meanwhile, the Sutton Coldfield store is based in the middle of a suburban neighbourhood. It will also provide competition to a Costcutter on the same street, as well as a One Stop nearby. Planning applications revealed that site is converted from a former clinic, which Birmingham Council permitted in 2019.

One senior symbol boss added: “Sutton Coldfield is a posher suburb within Birmingham. When you combine that with where the Tottenham Hale site is, it seems the supermarket is targeting a more affluent customer base.”

Explaining the potential threat to independents, Gilroy added: “The existing independent retailers have no worry. They’ve already faced competition against existing supermarkets nearby and have differentiated. It’s Tesco and Iceland who will be threatened by Asda Express.”

Read more Asda news

Read more forecourt news and advice

Comments

This article doesn't have any comments yet, be the first!

Become a member to have your say