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Somerfield announces new stores plan

Published: Tuesday, 18 December 2007   Category: Retail

Somerfield has announced plans to open 250 new stores over the next three years, which could result in new graduate retail jobs being created.

The plans will mean Somerfield's store portfolio is expanded by more than a quarter.

In January last year, Somerfield was sold to a consortium and initially cut back on staff and stores nationwide. 600 branches were shut and the number of staff at its head office was cut from 1,800 to 800.

The Bristol-based company also sold Kwik Save in order to cut costs a year ago and rebranded all of the Kwik Save stores as Somerfield.

With 250 new stores, Somerfield hopes to challenge the 'Big Four' supermarkets in the local grocery store market.

Organisers of a course aiming to give people in retail an advantage in their careers have encouraged people who have been working in the sector for seven years or more to apply for a bursary to attend their training event.

Retail Trust has said that the deadline for applications to the Oxford Retail Masters Forum is January 2nd.
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