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UPDATE 1-IKEA to boost UK workforce by over 12 percent with three new stores [Reuters (UK)]

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Company Research Source: Reuters
(Adds detail) LONDON May 17 Furniture retailer IKEA Groupsaid it would create more than 1,300 new jobs inBritain, a major investment in the UK as the country prepares toexit the European Union amid signs that the market for homeimprovement is showing resilience. Ikea said it would open new stores in Sheffield in northernEngland later this year and Exeter in the south west andGreenwich in London in 2018. The new jobs will increase the company's workforce inBritain and Ireland by 12.5 percent to about 11,700, the companysaid on Wednesday. "As we continue to expand, we're delighted to bringinvestment to new areas across the country and create newopportunities for local communities," said Gillian Drakeford,Country Retail Manager for IKEA UK and Ireland. Ikea joins the likes of Google, Facebookand Amazon in boosting its job numbers and investmentin Britain since last year's referendum decision to leave theEuropean Union. There had been concern ahead of the Show less Read more
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