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==== Β£50 million store upgrade programme ==== {{multiple image | width = 150 | footer = Asda in Inverness, before and after the upgrade programme | image1 = 2024-05-25 Aisle 15, Asda, Inverness.jpg | caption1 = May 2024 | image2 = 2025-01-03 Aisle 15, Asda, Inverness.jpg | caption2 = January 2025 }} On 30 May 2024, Asda announced that it would be launching a Β£50 million store upgrade programme to refurbish its 170 stores, including 50 larger stores, by late November 2024.<ref name=":3">{{cite web |title=Asda unveils Β£50m store upgrade program |url=https://corporate.asda.com/newsroom/2024/30/05/asda-unveils-50m-store-upgrade-program |access-date=22 December 2024 |website=Corporate }}</ref> The 50 larger stores would be refurbished to include new features, including seasonal and food-to-go aisles, counters, flooring and lighting, and, in some stores, new George departments.<ref name=":3" /> The 120 other stores would also be refurbished to adopt the new brand identity.<ref name=":3" /> In March 2025 Asda said that its profits were likely to drop as it was going to cut prices and increase staffing. Recently-appointed Asda chairman Allan Leighton said that Asda had "a pretty significant war chest" to tackle several years of weak trading following the 2021 buyout by the Issas and TDR, and that it would take up to five years to turn Asda round. Competitors Tesco, Sainsbury's, and Marks & Spencer were thought likely to lower prices to compete, and their stock prices dropped following the announcement.<ref name=butler/>
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