Tesco reveals locations of 43 stores being shut
Tesco has revealed the locations of the 43 stores it plans to shut, resulting in around 2,000 job losses, as new chief executive Dave Lewis attempts to turn the struggling supermarket around.
Of the stores going, 18 are Expresses and 12 are Metros. Just seven are superstores, with a further six the homeplus format.
The plan was originally revealed on January 8, when Tesco revealed better-than-expected quarterly results, a wide-ranging new strategy and the hire of new UK boss Matt Davies.
As well as committing to a price war with the discounters, “Drastic” Dave Lewis said Tesco would shut 43 unprofitable shops and scrap plans for a further 49 as it looks to make massive savings.
In addition, the UK's largest retailer said it would hive off certain parts of the business, including music streaming service Blinkbox, which it sold to Australian firm Guevara earlier this week.
Lewis said today: “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.
“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.”
The full list appears below:
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 Tottennham High Road Express
Tredegar Express
Troon Express
Walsall Wood Express
Wealdstone Express
Whitley Bay Express
York Road Hartlpool 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