Asda, Britain’s second largest
supermarket chain, has announced a store development plan, which will create
5,000 new jobs.
Analysts claim the expansion is in
line with Asda’s consolidation strategy, which follows a global trend of
supermarkets defending their market positions with massive expansion campaigns.
The company is to open new stores at
Swindon, Bodmin, Dunstable, Dumbarton, Hull, Cambridge, Manchester, Leyton and
It plans to rebuild stores at
Livingston, Cwmbran, Coventry and Peterlee, refurbish 25 per cent of its
branches and open a new distribution depot at Bedford.
B&Q plans to open 25 new stores
in this coming year, creating an estimated 6,250 new jobs.
By Richard Staines