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TSCO Tesco Plc

298.30
-1.50 (-0.50%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.50% 298.30 298.00 298.20 300.80 297.70 300.20 11,224,378 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 68.9B 1.19B 0.1670 17.85 21.2B

Tesco Hires 35,000 in 10 Days to Help Meet Virus-Driven Demand Boost

31/03/2020 2:01pm

Dow Jones News


Tesco (LSE:TSCO)
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By Matteo Castia

 

Tesco PLC said Tuesday that it has hired 2,500 new drivers and 5,000 new pickers this week in an effort to man up its expanding home delivery and click-and-collect services, as online demand keeps rising amid consumers' concerns over the continuing coronavirus pandemic.

"Covid-19 has led to unprecedented levels of demand for grocery shopping services," Chief Executive Dave Lewis said.

Earlier this month, the U.K.'s largest grocer by market share had launched a campaign to recruit 20,000 new staff to increase its headcount and better navigate the pandemic.

"In the last 10 days, more than 35,000 new colleagues have joined Tesco to support our stores. The response to our call for new recruits has been incredible," Tesco said.

Shares at 1225 GMT were down 8.7 pence, or 3.7%, at 224.4 pence.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

March 31, 2020 08:46 ET (12:46 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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