‘Asda is hitting the road in convenience retailing – the £600m Co-op deal proves it’

Asda on the Move fascia

Both Asda and the Co-op have gained from the sale of the latter’s petrol forecourts to the big-four grocer, but one looks more likely to benefit in the long term than the other, writes Hugh Radojev

After Asda swooped to acquire 132 Co-op petrol station forecourts earlier this week, the grocery giant’s owners have given the clearest indication yet of where they see opportunities for the UK’s third-largest supermarket chain.

 

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