UK supermarket chain Asda will create 5,000 jobs as part of a GBP500m (US$777m) investment in the business this year.
Asda, part of the world’s biggest retailer Wal-Mart Stores, today (23 January) announced its plans, which also includes the opening of 25 stores, the refurbishment of 43 outlets and a revamp of its depot network.
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Prime Minister David Cameron welcomed the announcement. He said: “The additional investment and 5,000 new jobs announced by Asda today will be a real boost for the economy and more importantly for people around Britain seeking jobs.
“I also welcome Asda’s commitment to not only create jobs but invest in their staff too; offering employees the chance to join an apprenticeship scheme to gain skills which will benefit them throughout their career.”
Asda said it will build a new depot in Rochdale, replace one in Scotland and upgrade another in Yorkshire as part of its growth plans.
Andy Clarke, president and CEO of Asda, said: “I am delighted to be able to start 2012 on such a positive note, doing what we do best – creating new jobs, working with new communities and bringing Asda’s low prices to families who need the value we can bring. I look forward to seeing these new stores and depots open for business and welcoming new colleagues and customers to our team.”
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By GlobalDataThe first of the 25 new stores has already opened. Last week, Asda opened a new outlet in Tunbridge Wells. The location of 14 others has been announced, with ten more to come.
