THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Tesco names the 43 stores that will close as part of turnaround plan

Tesco has unveiled the list of stores to be closed in the spring following its announcement earlier this month that it will shutter 43 stores as… View Article

GENERAL MERCHANDISE NEWS

Tesco names the 43 stores that will close as part of turnaround plan

Tesco has unveiled the list of stores to be closed in the spring following its announcement earlier this month that it will shutter 43 stores as part of its turnaround plans. The move will put 2,000 jobs at risk.

The supermarket giant said it will close 18 Tesco Express stores, six DIY Homeplus outlets, 12 Tesco Metro stores and seven superstores. Tesco will also abandon plans to open 49 new stores across the UK.

Tesco chief executive Dave Lewis said: “I announced that our performance as a business has fallen significantly short of where we would want it to be and that to protect the future of the business in the UK we would close 43 unprofitable stores.

“The decision to close the stores has been exceptionally difficult to take. I recognise it will affect many hard-working colleagues, our customers and local communities.”

The superstore closures include sites in Bedlington, Chatham, Belfast, Doncaster, Kirkaldy and Wrexham.

Lewis added: “Our priority is to explain what this announcement means for our colleagues and wherever possible, offer them alternative roles with Tesco. We will continue to serve our customers through other local stores and our dotcom service.”

Pauline Foulkes, national officer for the shopworkers union Usdaw, said: “This is devastating news for over 2,000 dedicated staff in the 43 Tesco stores across the UK, who have worked hard to make their shop viable during a difficult time for the company.

“We will now enter into full and meaningful consultation meetings on this proposal, where we will look closely at the company’s business case for the closures. Our priority is to maximise employment within Tesco, seek redeployment opportunities for members, where possible, and to keep job losses to a minimum.”

The full list of stores to close are as follows:

Bearwood – Express

Belvedere – Express

Church Street Ballymena – Express

Heaton Chapel – Express

Heybridge Essex – Express

Houghton Regis – Express

Liverpool Kensington – Express

Longbridge Road Barking – Express

Northfield Birmingham – Express

Raymouth Lane Worksop – Express

Sheffield Manor – Express

South Tottenham High Road – Express

Tredegar – Express

Troon – Express

Walsall Wood – Express

Wealdstone – Express

Whitley Bay – Express

York Road Hartlepool – Express

Bicester – Metro

Bootle – Metro

Caerphilly – Metro

Crossgates – Metro

Devizes – Metro

Grangemouth – Metro

Mexborough – Metro

Morecambe – Metro

Ormskirk – Metro

Runcorn – Metro

Smethwick – Metro

Woodseats – Metro

Bedlington – Superstore

Chatham – Superstore

Connswater – Superstore

Cregagh Road – Superstore

Doncaster – Superstore

Kirkcaldy – Superstore

Wrexham Dodds Lane – Superstore

Bristol Cribbs – Homeplus

Chelmsford – Homeplus

Chester – Homeplus

Edinburgh – Homeplus

Southampton – Homeplus

Staines – Homeplus

 

 

Subscribe For Retail News