16,000 new food jobs to open up at Tesco

By Food Job Blogger on 22 April 2010 | Comments 0

Following an impressive 10 per cent surge in profits in 2009, supermarket giants Tesco have announced they are to create 16,000 new food jobs as they continue to expand worldwide.

Final year figures revealed that Tesco made around £3.4 billion in 2009, a record breaking result for the company. The supermarket now has ambitious plans for worldwide expansion, opening 245 new stores on the UK and 750 in total. This will take Tesco's overall number of stores to 5,575.

Of the 16,000 new food jobs Tesco is planning to open up, 900 of these will benefit UK food job hunters.

Tesco attribute their financial success to cost cutting throughout the whole chain and attracting more customers by lowering prices and increasing benefits and discounts for Clubcard holders. They also claim that the recession played some part in the company's performance, influencing the buying habits of customers and increasing demand from councils for local food jobs.

Other plans in the pipeline for Tesco include:

• Capitalising on this summer's World Cup, which is expected to generate £1.2 billion in revenue for UK retailers
• Expanding their Florence and Fred clothing ranges
• Continuing to develop their successful Tesco mobile scheme, which currently has over 2 million customers

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