UK: Tesco to create 3,500 new jobs
UK retailer Tesco has said it plans to create almost 3,500 new jobs, but added that it would also transfer 350 jobs to India.
Tesco said the new jobs were in addition to the 10,000 extra jobs already announced and would increase its workforce to over 230,000.
The UK's leading supermarket operator said it would add 1,400 jobs as part of its conversion of 870 small convenience stores that it acquired from T&S last year. The company opened the first four converted stores this week and plans to open four or five more each week.
Tesco will add 2,000 jobs at existing stores and 50 jobs at Tesco Telecoms.
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Tesco has increased its lead in the UK grocery market, while Sainsbry has also managed to improve its market share, according to the latest figures from market researchers TNS....
Supermarket company Tesco is giving its staff a £220m (US$405m) bonus, thought to be the biggest ever reward handout from a British company, according to the London Evening Standard newspaper....
Supermarket Tesco further increased its lead in the UK grocery market in the twelve weeks to 24 April 2005, according to market analysts TNS. Sainsbury managed a small rise, while Wal-Mart's Asda and ...
Any move from Asda will be an important catalyst in the race to land Somerfield. The Wal-Mart owned group could well see its acquisition target as an important route into the ever-expanding convenienc...
Supermarket chain Tesco has announced a new food labelling system, with 'nutritional signposts,' which it says will make it easier for shoppers to make healthier choices....
Locally owned food retailer CBA is Hungary's biggest supermarket, according to the Budapest Business Journal, which cited statistics compiled by AC Nielsen for trade journal Mai Piac....
Not content with pocketing one in every three pounds spent on groceries in the UK, the supermarket giant Tesco has now become the first British retailer to smash the £2 bn ($3.78bn) profit barrier. Ho...
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