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No references found | Last week Asda confirmed plans to create 5,000 jobs in 2001, spend pounds 450 million investing in store development, and build 13 stores during the year, including four resites or rebuilds. The expense investments include increased R&D and engineering staffing, start-up expenses for new units, and qualification costs for new programs and manufacturing resites to improve our ability to meet the increasing demand levels. GBP 85m (2004/05: GBP 70m) --US: 9% space increase planned for year --UK: 82 store remodels and resites planned Terry Burman, Group Chief Executive, commented: "We are pleased with the further advance in Group profits. |
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