Press Centre

New ASDA Stores To Deliver 7,000 New Jobs In 2006

On the day Wal-Mart announced its full year results for its latest financial year, ASDA announced it was set to create 7,000 news jobs through a minimum of 25 new stores and five major investment schemes in places it currently trades - the first, in Fleetwood Lancashire, will open next week (27th February).

News of the expansion also comes as ASDA prepares to open the first of its new format stores, ‘ASDA Essentials’ in Northampton before Easter.

The new openings in 2006 demonstrate ASDA’s continued flexible approach to new stores, with a variety of small, medium and large stores, the new discount-plus format, ‘ASDA Essentials’, and acceleration of the ASDA Living programme.

Plans also include further town centre and regeneration schemes. In Romford, customers will benefit from an exciting mixed-use scheme, combining an ASDA store with 229 new apartments, with over a third listed as affordable housing. This £25 million investment will also include the transformation of a derelict leisure centre and 450 new jobs. In Hounslow, ASDA will play a part in one of the largest mixed-use regeneration schemes in the UK - The Blenheim centre. The regeneration of this town centre represents a £220 million investment.

2006 plans include, amongst others, new stores in Fleetwood, Huntly, Feltham, Newton Abbot, Rushden, Alloa and Hounslow. Ellesmere Port and Rawtenstall will both benefit from store re-sites, whilst customers in Scotland can experience ASDA Living as the supermarket opens its first non-food store in Glasgow this spring. An additional two George high street stores will also open in 2006 in Middlesbrough and Southend.

250 new jobs will also be created through store extension schemes at ASDA stores in Bodmin, Broadstairs, Pentwyn, Dumbarton and Coventry.

Judith Mckenna, ASDA’s chief financial officer said, “Our 2006 store and investment programme further demonstrates our commitment to flexible formats, mixed use and re-generation schemes, enabling us to create an increasing number of jobs across the UK.”

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Further information:
Sian Horner, 0113 241 7829
Out of hours, 0113 243 5435

Posted in Press Centre on 21 February 2006