Partner Article
Tesco to close seven stores in the North West
Supermarket giant Tesco will close seven stores in the North West.
The news comes as it named a total of 43 stores closing across the country, creating 2,000 job losses.
Stores in Chester, Runcorn, Ormskirk, Morecambe, Bootle, Liverpool and Stockport are all scheduled to close.
Tesco chief executive Dave Lewis, told the BBC: “This is about recognizing the financial reality of where we are as Tesco.
“The 43 stores we announced that we will be closing are stores that are very unprofitable
“I have had to take the difficult decision that it is the right thing to do.”
This was posted in Bdaily's Members' News section by Sophia Taha .
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model