Archives for January 25, 2016

← 2016

Asda reviews 5,000 store jobs

By Alice Foster

Asda is reviewing the future of about 5,000 jobs as part of proposed store changes including the closure of canteens, photo centres and in-store clothing counters.

Amazon to hire ‘thousands more’ in Euro expansion

By Michael Stones

Online retail giant Amazon is set to recruit thousands more staff across Europe, including 2,500 permanent UK roles, as part of its expansion plans, following the UK launch of its food delivery business last September.

Bad week for food manufacturing: is it a trend?

By Alice Foster

Fears of further food and drink manufacturing job casualties are growing after hundreds of job losses were announced by Bakkavor, General Mills, Asda and other firms last week.

Morrisons boss’s customer focus ‘begins to pay off’

By Michael Stones

Morrisons boss David Potts’s customer focus is paying off – with its food manufacturing capability playing a key role – but much more needs to be achieved if the business is to achieve its potential, according to city analyst Shore Capital.

Bakkavor ownership shake-up

By Alice Foster

Bakkavor’s founders have teamed up with one of the world’s largest hedge fund firms to buy out Icelandic institutions in a deal worth £163M.