Yahoo NewsUK suffering from ‘catastrophic’ impact of Brexit, says Asda boss
Asda Chairman Lord Stuart Rose has said the impact of Brexit on business in the UK has been "catastrophic".Source: LBC
Asda Chairman Lord Stuart Rose has said the impact of Brexit on business in the UK has been "catastrophic".Source: LBC
Asda has unveiled a major shake-up of store operations, which will put close to 300 roles at risk and reduce pay for more than 4,000 night workers. The supermarket chain has proposed that overnight restocking shifts at 184 stores are moved to the daytime, putting 211 night shift manager roles at risk.
LONDON (Reuters) -British supermarket group Asda plans to remove up to 211 night shift manager roles as it seeks efficiency savings, it said on Thursday. All of Britain's major supermarkets are seeking savings, reinvesting them to keep a lid on rising prices. Asda, Britain's third largest grocer after market leader Tesco and Sainsbury's, said it planned to replace overnight restocking shifts in 184 smaller superstores, with the work instead done earlier in the day.
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