New Tesco Express

[DeBilde23 10]

Tesco Express is to open on Halifax Road in place of the Mace convenience store at the end of Avisford Road.

 

Just what the area needs.

[geared 319]

They just announced a ton of store closures and the abandonment of nearly 50 developments????

 

They're back opening new stores again this week??

 

Some of the stores they have abandoned have already been built, now sit empty.

[AndrewC 307]

Where have you read this DeBilde?

[kayie 10]

not opening at stocksbridge as its a bad area

[The Joker 10]

They just announced a ton of store closures and the abandonment of nearly 50 developments????

 

They're back opening new stores again this week??

 

Note they're focussing on Tesco Express stores, which are their most profitable stores, due to the low overheads of running a smaller store, and the higher £/sq foot, due to their legendary ripoff prices.

[mickey finn 12]

Tesco Express is to open on Halifax Road in place of the Mace convenience store at the end of Avisford Road.

 

Just what the area needs.

 

Just what the area needs, an over priced crap hole.

[scargill 10]

They just announced a ton of store closures and the abandonment of nearly 50 developments????

 

They're back opening new stores again this week??

 

Some of the stores they have abandoned have already been built, now sit empty.

 

I think you will find that developers built the stores, with Tesco taking a lease on opening the store, it will be the developers that are out of pocket if they cannot get another tenant.

[geared 319]

but Tesco own so much land???

So do they sell land they own to a developer who then builds it and sells/leases it back to Tesco??

 

Seems like a merry old dance to me.

[alankearn 10]

Makes you smile doesn't it, over the last thirty or forty years the hyper/super markets have forced the closure of the vast majority of the independent grocery/greengrocery shops and now there appears to be a Sainsbury or Tesco convenience store opening up on every street corner in their place.

What goes round comes round.

[scargill 10]

but Tesco own so much land???

So do they sell land they own to a developer who then builds it and sells/leases it back to Tesco??

 

Seems like a merry old dance to me.

 

it is some sort of partnership Tesco Own the land, get a developer on board to build the store, then pay rent for the building in simple terms.

[Eater Sundae 12]

Makes you smile doesn't it, over the last thirty or forty years the hyper/super markets have forced the closure of the vast majority of the independent grocery/greengrocery shops and now there appears to be a Sainsbury or Tesco convenience store opening up on every street corner in their place.

What goes round comes round.

 

There used to be a Gowers and Burgons in most local shopping areas, now there's a Tesco

[alankearn 10]

There used to be a Gowers and Burgons in most local shopping areas, now there's a Tesco

 

Meadow and Shentalls as well but they were not much bigger than any of the independents and the supermarkets also put these large concerns out of business. The Co-Op i would think is the only one of those types of shops that have survived (till now).