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 to cut 4,500 jobs at its Metro stores

Tesco has announced plans to cut around 4,500 jobs at its Tesco Metro stores as it looks to “serve shoppers better” in what it describes as… View Article

FOOD AND DRINK NEWS UK

Tesco to cut 4,500 jobs at its Metro stores

Tesco has announced plans to cut around 4,500 jobs at its Tesco Metro stores as it looks to “serve shoppers better” in what it describes as an increasingly competitive and challenging retail environment.

Tesco operates 153 Tesco Metro stores, which are mainly situated in high streets.

In a statement, the company said it will be streamlining the stores’ processes and administrative tasks.  Plans include introducing faster and simpler ways of filling shelves, a leaner management structure and more flexible working for store staff.

It also highlighted how the stores had originally been designed for large weekly shops, but that 70% of customers now use them as convenience stores for smaller shopping trips.

The company is also planning to make changes in 134 of its 1,750 Express stores. These will include reducing opening hours during quieter trading periods at the start and end of the day, and simplifying stock routines.

In addition, there will be localised changes in some large stores where Tesco will streamline operational routines.

Tesco said it is now working to support affected staff and will look to find alternative roles within the business for as many as possible.

Jason Tarry, Tesco UK & ROI chief executive, said: “In a challenging, evolving retail environment, with increasing cost pressures, we have to continue to review the way we run our stores to ensure we reflect the way our customers are shopping and do so in the most efficient way. We do not take any decision which impacts colleagues lightly, but have to make sure we remain relevant for customers and operate a sustainable business now and in the future.”

 

Subscribe For Retail News