Tesco to Close Down Jack's Brand, 130 Jobs to Be Axed
01 Fevereiro 2022 - 4:29AM
Dow Jones News
By Anthony O. Goriainoff
Tesco PLC said Tuesday that it will close down the Jack's brand,
and that 130 jobs will be affected upon the closing of seven of the
brand's stores in the coming months.
The U.K.'s biggest grocer by market share said that six of the
brand's stores will be converted to Tesco superstores, and that
staff in those will be offered in-store roles in the
superstores.
"Thanks to its strong recognition with customers for great
quality and value, the Jack's brand will live on, with Jack's
branded products available to independent convenience stores
supplied by Booker," the company said.
The company also said that it will be closing its counters
business at 317 of its stores where demand for its meat, fish or
hot deli counters is lowest. Tesco said it will continue to offer a
counters service at 279 of its stores.
It added that there will be no layoffs related to these counter
changes as staff will be offered alternative roles.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
February 01, 2022 02:14 ET (07:14 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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