Newspaper article The Journal (Newcastle, England)

Specsavers Is Setting Its Sights on 700 New Jobs

Newspaper article The Journal (Newcastle, England)

Specsavers Is Setting Its Sights on 700 New Jobs

Article excerpt

Byline: By Phil Waller

High street opticians group Specsavers yesterday unveiled plans to create up to 700 jobs in the UK and continental Europe.

The group said it would take on about 400 staff to work at 40 new stores that it plans to open in Britain this year.

It added that it planned to create up to 200 jobs in Sweden and a further 100 posts in the Netherlands, where it is the third largest optical retailer.

Specsavers, the UK's biggest optical retailer, currently has 559 stores and more than 700 joint venture partners in the UK, the Republic of Ireland and the Netherlands. It recently bought Swedish optical company Blic for pounds 3.2m and plans to increase the number of Blic stores from 34 to 70 in the next three to five years.

The privately owned group, based in Guernsey in the Channel Islands, said it had achieved record annual results in 2003, with a turnover of more than pounds 500m and an 8.8pc increase in like-for-like sales against the 2002 figure of 5. …

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