Supermarket Tesco will create 7,500 new jobs between now and February as it opens new stores and expands in non-food areas, according to the Sunday Telegraph newspaper.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A large number of the Tesco jobs will be created by the opening of the retailer’s first stand-alone non-food store, which will be unveiled in Manchester next month, the paper said. Tesco is also increasing the number of non-food products that it stocks in its other stores.
Tesco will announce the expansion plans this week when it releases its half-year results.
“In the UK there has been no significant slowdown in food sales [for Tesco] in recent months and market share gains have continued at a fast pace,” said an analyst at UBS, the investment bank.
Sir Terry Leahy, Tesco’s chief executive, has said that he wants the retailer to be as strong in non-food as it is in food. Tesco has been running trials of sales of bulky goods, such as garden furniture, in some of its stores.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
