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.
North East; Northumberland and Tyne and Wear; Sunderland
Location of affected unit(s)
Washington
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
700 jobs Number of planned job creations
Announcement Date
8 February 2005
Employment effect (start)
Foreseen end date
Description
Supermarket chain Asda has announced plans to create more than 700 new jobs on Wearside.
The company has submitted a planning application to Sunderland Council to build a new distribution centre at the existing Asda site in Washington.
More than £40 million of private funding would be invested in the centre, which would be used to distribute the firm's George branded clothing.
Sources
9 February 2005: BBC News
Citation
Eurofound (2005), Asda, Business expansion in United Kingdom, factsheet number 61137, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61137.
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