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
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
