Tesco to Add 20,000 Staff to Halt U.K. Market Share Slide

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Tesco Plc said it will add 20,000 U.K. jobs to increase peak-hour staffing and improve service at its fresh produce, meat and bakery counters as it seeks to halt a slide in its dominant share of the country’s grocery market.

The recruitment plan is part of a “substantial program” that will also see Britain’s biggest supermarket chain renovate hundreds of stores and open new locations over the next two years, the Cheshunt, England-based company said today.