Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of food, beverages and tobacco
47.26 - Retail sale of tobacco products

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
1 July 2019
Employment effect (start)
Foreseen end date
31 July 2022

Description

Vaping firm VPZ, based in Edinburgh, announced plans to create 1,000 new jobs across 200 new retail outlets. The company already has 125 stores across the country and this expansion is planned to expand its presence in Wales and the South East. The company has said that the increased demand for alternatives to traditional tobacco products will support these plans for new stores. The job positions are not limited to retail roles, but cover as well roles in the company's manufacturing and finance departments. It is expected that the process will take three years to complete.


Sources

Citation

Eurofound (2019), VPZ, Business expansion in United Kingdom, factsheet number 98197, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98197.