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Asda to invest £500 million in UK stores and depots

Asda has announced plans to invest over £500 million in its UK stores and depots in 2012.

GENERAL MERCHANDISE

Asda to invest £500 million in UK stores and depots

Asda has announced plans to invest over £500 million in its UK stores and depots in 2012.

The supermarket giant confirmed today that it will open 25 new stores and three depots in 2012, as well as extend and refurbish 43 of its existing stores.

Asda said the investment will help to create up to 5,000 new jobs across the country.

Prime Minister David Cameron welcomed the announcement, saying: "The additional investment and 5,000 new jobs announced by Asda today will be a real boost for the economy and more importantly for people around Britain seeking jobs.

"I also welcome Asda’s commitment to not only create jobs but invest in their staff too; offering employees the chance to join an apprenticeship scheme to gain skills which will benefit them throughout their career."

Asda’s new stores will add over 600,000 square feet of net selling space to Asda, through superstores, small format supermarkets and Asda Living.
 

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