The German supermarket has earmarked £1.45billion on store expansion over the next two years and a whopping £15billion investment on British foods. They pledged to increase sales of British sourced fresh meat, poultry and fresh produce by more than 10% across the next 12 months and introduce longer contracts with suppliers to provide stability. The company confirmed it would open 50-60 new stores this year. (Image: AFP)He added: "Our business is only ever as good as our suppliers’, so our investments and commitments are key to ensuring that they can invest and expand with us. Bosses have also committed to spending £500 million in London over the next five years to take on smaller high street stores.
Source: Daily Mirror October 16, 2019 09:22 UTC