Asda sees Big W opportunity
George brand could fill out-of-town gap
Asda could bring its George clothing brand to the out-of-town Big W stores operated by Woolworths.
The London [i]Evening Standard [/i]newspaper reports that the Wal-Mart owned supermarket giant heads a list of retailers targeted by Woolworths to take space in the 21 Big W stores.
Woolworths announced last week that it is scaling back its own offer in the stores and is looking to rent space to other retailers.
The newspaper said that Woolworths and property agent Colliers CRE have drawn up a list of prospective tenants for at least 800,000 sq ft of space up for grabs in the stores.
The George brand heads a list of clothing retailers which also includes Marks & Spencer, Next, Arcadia, New Look, Matalan, TK Maxx and Bhs. Electrical retailers Currys and Comet are also potential tenants.
There is no Asda store in two of the towns where Big W operates, and Asda is currently trialing standalone George stores.
