Supermarket giant to create thousands of UK jobs
by Kay Murchie
Asda, which is the UK’s second largest supermarket, has today announced it will create 7,500 new jobs in the UK next year through expansion and new store openings.
The supermarket giant said it will recruit 3,500 staff at new stores, 2,400 for its home shopping service and a further 100 in new pharmacies.
In addition, it will hire around 1,500 staff at its Netto stores.
In May, Asda announced it would buy the 193 UK stores from Danish discount retailer Netto, in a deal worth £778 million.
At the time, Asda said the deal will help it expand its smaller store formats, as well as its non-food Asda Living chain.
Asda is owned by US retail giant Wal-Mart - which is set to unveil its quarterly results later today.
The chain has a workforce of 175,000 and operates in almost 400 stores across Britain.
In related news, last month the grocer said it would close its final salary pension scheme – a decision which will affect almost 4,000 employees.
Discuss this in the Finance Markets forums
Story link: Supermarket giant to create thousands of UK jobs
Related financial stories to: Supermarket giant to create thousands of UK jobs:
- Sainsbury’s to create thousands of jobs
- Volkswagen to create thousands of jobs
- UK’s 2011 census to create tens of thousands of jobs
- 2,000 jobs to go at Morgan Stanley
- Tesco posts strong results amid downturn
- Tesco Bank creates 1,000 new jobs, while Best Buy announces 8,000 new jobs
- Further 210 jobs to go at Lloyds Banking Group
- Tesco and Fortis team up to form Insurance Partnership
- 1,500 jobs go as Cheltenham & Gloucester closes all branches
- Lloyds to wield the axe on thousands more jobs
Next: Taylor Wimpey sees trading in line with expectations »
No Comments »
No comments yet.
RSS feed for comments on this post.
Leave a comment
Tags: acquisition, Asda, expansion, Netto, new jobs, new store, openings, Wal-Mart
Visited 793 times, 2 so far today