THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
The Papers
Retail Solutions
Food & Drink
Interviews
Property
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Tesco launches Jack's discount chain

Tesco has launched a new discount chain called Jack’s as it looks to compete with the likes of Aldi and Lidl.

FOOD & DRINK

Tesco launches Jack's discount chain

Tesco has launched a new discount chain called Jack’s as it looks to compete with the likes of Aldi and Lidl.

The launch of the first two stores in Chatteris in Cambridgeshire and Immingham in Lincolnshire coincides with Tesco’s centenary year. The new chain has been named after Tesco’s founder Jack Cohen.

The retailer said eight out of 10 food and drink products sold at Jack’s will be grown, reared or made in the UK. The stores will offer some familiar grocery brands as well as a new own-brand range called Jack’s. They will also sell a range of general merchandise items on a “When it’s Gone, It’s Gone” basis.

The shops will operate a low-cost business model with no “fancy” fixtures or fittings.

Dave Lewis (pictured), Tesco group chief executive, said: “Jack Cohen championed value for customers and changed the face of British shopping. He’s an inspiration for all of us and that same spirit still drives Tesco now.

“It’s fitting that today, we mark the beginning of Tesco’s celebration of 100 Years of Great Value by launching a new brand, and stores bearing his name: Jack’s. Great tasting food at the lowest possible prices with eight out of 10 products grown, reared or made in Britain.”

Tesco will be launching 10 to 15 Jack’s stores in the UK during the next six months. The stores will include a mix of entirely new sites, sites adjacent to existing Tesco stores, and a small number of converted Tesco stores

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Conference
The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
The 11th HR Summit 2019, Hallam Conference Centre, 44 Hallam St, Marylebone, London W1W 6JJ
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy