The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
West Midlands; West Midlands; Walsall and Wolverhampton
Location of affected unit(s)
Walsall
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.1 - Retail sale in non-specialised stores
100 jobs Number of planned job creations
Announcement Date
5 July 2004
Employment effect (start)
Foreseen end date
Description
Asda, the UK supermarket giant, is building upon the success of its non-food ranges, particularly George, the discount clothing line. The US-owned supermarket chain has secured a site in Walsall in central England to sell jewellery, clothing, DVDs and electrical goods. Asda declined to reveal how much it was investing in the new venture, but 100 staff are being hired for the 37,000 square feet venture at the Crown Wharf Retail Park.
Sources
5 July 2004: The Financial Times
Citation
Eurofound (2004), Asda, Business expansion in United Kingdom, factsheet number 60425, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60425.
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