Coventry's business leaders have welcomed a new investment by Sainsbury's, saying it is down to the strength of the city's economy.
The supermarket group is to create 150 new jobs at a site at Walsgrave, not far from Junction 2 of the M6.
Richard Jones of Sainsbury's said Coven-try's "fantastic transport links" and suitable buildings made it "an ideal location".
Stuart Linnell, the Coventry branch chairman of the Coventry and Warwickshire Chamber of Commerce, said: "This is very exciting news for the city. I was interested to hear that Sainsbury's had quoted the great location and transport links as a couple of the reasons as to why they had chosen this site.
"That is something we must continue to build on and really play up when we are pushing Coventry for future investment from major national and international companies.
"And while there is a great deal of talk about slowdowns and downturns, I remain adamant that Coventry's economy is strong and is performing extremely well. This is further evidence of that." n Asda staff are to share a £21 million bonus.
Some 127,000 store and depot workers with more than six months' service will get the money in this month's pay packet.
The payout is the highest since the bonus scheme's launch in 2000 when Asda became part of US firm Wal-Mart.
Asda chief executive Any Bond said: "Once again it's the hard work and enthusiasm of our colleagues that has made the business such a success this year."
It will mean an average £245 for a full-time Asda store worker.