The supermarket made the declaration as part of its 19-week trading statement on 8 January, announcing group sales fell by 1.9 per cent over the period which saw the appointment of 6,000 new staff members.
The head office in Cheshunt will close to be consolidated with the other HQ in Welwyn Garden City, while the 43 stores facing closure are listed as “unprofitable”.
By comparison, Jaguar Land Rover has revealed its ambition of creating 1,300 new jobs in the UK as it plans to enhance its power to manufacture aluminium vehicles at the plant in Solihull, promising to “deliver 12 significant product actions in the next 12 months alone”.
The move is part of a £1.5bn investment, which is said to be the largest single one made in the plant’s 70-year existence.
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Dr. Ralf Speth, CEO, Jaguar Land Rover, said: “Today’s announcements once again demonstrate our commitment to the UK and the advancement of a high-tech, high skilled, manufacturing-led economy. It is that innovation and relentless quest for new technologies that sets our products apart.
“We want to offer customers greater choice, with even more exciting vehicles, crafted with that special British flair. We want to improve the quality of life for our customers and for our own employees, creating opportunities for more people to be part of the Jaguar Land Rover experience.”
Applications for jobs are being accepted at present and Jaguar claims to have an ambition to “reinvigorate every aspect of the company”. There are currently 32,000 people employed by the firm, with 30,500 based in the UK.
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