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Asda to create 10,000 jobs over the next four years in 300 new convenience stores

By Nagasunder in UK Business News, posted December 7, 2022

Asda has revealed plans to create 10,000 jobs in the next four years in order to speed up the expansion of its Asda Express store concept.

The supermarket chain wants to open 300 new Asda Express locations around the UK by the end of 2026 and needs thousands of staff to run them.

Asda described the move as a "key component" of its "long-term growth strategy to become the UK's second-largest supermarket."

Asda is owned by the billionaire Issa brothers, who also own EG Group and TDR Capital.

Mohsin Issa said: "A key part of our growth strategy is to provide customers with more opportunities to shop at Asda closer to where they live or work.

"With more than three-quarters of the UK population visiting a convenience store in the last 12 months, the potential for growth in this market is significant.

"Our ambition is to become the convenience destination of choice by providing shoppers great value and a comprehensive and convenient range of products and services under one roof."

The Asda Express store target of 300 by the end of 2026 excludes the convenience stores Asda is acquiring from the Co-op.

That transaction is currently being reviewed by the CMA's competition committee.

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Source: Business Live

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