Tesco is set to significantly increase its convenience store presence across the UK.
- The expansion will include over 150 new Express stores over three years.
- This move is expected to create more than 2,000 jobs in local communities.
- Tesco celebrates 30 years of Express stores with a new opening in North London.
- Recent price cuts in essential products at Express stores support this growth.
Tesco has announced a significant expansion plan to open over 150 new Express stores in the next three years. This strategic initiative aims to enhance the supermarket’s convenience footprint across the UK, supporting its long-term growth strategy.
The opening of these stores is not just about increasing geographical reach. It is anticipated to generate over 2,000 job opportunities within local communities, contributing to the economic fabric of the areas served.
In celebration of 30 years since the inception of Tesco Express, a new store has been launched in Burnt Oak, North London. This location holds historical significance for Tesco, as it is situated near the site of the founder Jack Cohen’s first shop in 1929. Kevin Tindall, Tesco’s UK Stores Managing Director, expressed pride in returning to Burnt Oak, emphasizing its special place in Tesco’s history.
Amid this expansion, Tesco has undertaken efforts to reduce prices on over 200 own-brand and branded items in its Express stores. The list of reduced price items includes household essentials like milk, bread, pasta, and coffee, with an average price reduction of more than 10%. This move comes as part of Tesco’s strategy to offer better value to customers, particularly during challenging economic times.
Tesco’s robust expansion and strategic price reductions mark its commitment to growth and community support.