Sainsbury to create 3,000 jobs
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Grocer J Sainsbury is expected to create 3,000 new store jobs to improve customer service and increase the availability of stock on its shelves, a source familiar with the company says.
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AILING supermarket chain Sainsbury&#39;s is reported to be the target of a Â£5bn takeover bid being prepared by an ex-treasurer of the Conservative party.
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Troubled grocery chain J Sainsbury PLC, Britain&#39;s third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.
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British supermarket group J. Sainsbury expects its first half pretax profits to come in a Â£125 million to Â£135 million range ($223-$241.
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DaimlerChrysler AG said strong demand should create some 4,000 new jobs in its commercial vehicles division by the end of the year - including 3,000 jobs in Portland, Ore.
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Marks and Spencer, the clothing-to-food retailer, has revealed that it would create 4,000 jobs alongside news of a solid increase in first-quarter sales.
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Oil-rich Gulf Arab state Qatar has made a bid approach for J Sainsbury Plc, which newspapers said valued Britain's third-biggest supermarket group at about 12 billion pounds ($24.5 billion), including debt.
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A Londonderry-based software firm is creating 300 new jobs as a result of expansion plans in the city.
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Shares in J Sainsbury have risen by 3 per cent on mounting rumours of a potential Â£8 billion bid involving Allan Leighton, the serial director.
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An additional 3 percent of staff positions will be "offshored" as part of the company's $1.5 billion cost-cutting drive.
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About 100 Giant Food stores are slated for renovation over the next three years, the largest investment in the chain since it was acquired by the Dutch company Royal Ahold nearly a decade ago.
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Sainsbury's receives an offer from a Middle East investment fund, valuing  the supermarket at about Â£10.3bn.
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A Qatari investment group on Friday said it had increased its stake in J Sainsbury, Britain&#39;s third biggest supermarket chain, to 25 percent.
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THE owner of Currys electrical stores is pledging to create 2,000 jobs with the launch of a new service providing expert support to IT users.
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The shift would in all probability save the company more than 10 million pounds a year. The jobs would range from front and back office functions, including call centre posts.
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SAINSBURY&#39;S yesterday promised a major overhaul to end the stock availability problems that have stalled sales and left it on the retail sick list.
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A call centre in Belfast announces it is to create 300 new jobs after landing four contracts in recent weeks.