Tesco has announced it’s making some changes to ensure they “remain focused and competitive in a fast-changing market”. It comes after Jack’s discount stores were launched in 2018 and are now set to close. Some of the premises will be converted into Tesco Extra superstores instead. 

The first Jack’s store opened four years ago to celebrate Tesco’s centenary and founder, Jack Cohen. 

The chain, which initially opened two stores in Chatteris in Cambridgeshire and Immingham in Lincolnshire, promised to be “the cheapest in town”. 

Initially, big expansion plans were made, with 10 to 15 stores set to open in the first six months after launch. 

In the end, Tesco only opened 13 Jack’s stores. 

In a statement, Tesco said they opened Jack’s to “gain knowledge from running stores with a low-cost operating model”. 

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“We have learned a tremendous amount from Jack’s, and with that experience now absorbed into Tesco, the time is right to focus on continuing to deliver great value in our core business.

“Tesco we will no longer operate stores under the Jack’s brand. 

“Of the 13 Jack’s stores, we will convert six to Tesco superstores, with the remaining seven Jack’s stores to close in the coming months.” 

This means around 130 jobs will be lost at the closing stores and the retailer’s head office. 

But Tesco has said they will try and find alternative roles for the staff affected.

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Jack’s employees at the shops being converted into superstores will automatically be offered new in-store roles, while Tesco said it would also be recruiting extra staff for the new shops. 

Tesco insisted the Jack’s venture had helped it “become more competitive, more efficient and strengthen the value we offer to customers”. 

To add to this, it claims it won over new customers from its competitors and “their perception of the value they can find at Tesco has increased significantly”. 

Jason Tarry, the chief executive of Tesco UK and Ireland, said: “We have learnt a huge amount from Jack’s and this has helped Tesco become more competitive, more efficient and strengthened our value proposition, including through the launch of Aldi Price Match.

Jack’s employees at the shops being converted into superstores will automatically be offered new in-store roles, while Tesco said it would also be recruiting extra staff for the new shops. 

Tesco insisted the Jack’s venture had helped it “become more competitive, more efficient and strengthen the value we offer to customers”. 

To add to this, it claims it won over new customers from its competitors and “their perception of the value they can find at Tesco has increased significantly”. 

Jason Tarry, the chief executive of Tesco UK and Ireland, said: “We have learnt a huge amount from Jack’s and this has helped Tesco become more competitive, more efficient and strengthened our value proposition, including through the launch of Aldi Price Match.

It comes after Tesco said it was closing meat, fish and hot deli counters at 317 shops where there was the least demand. 

The employees working on the counters will be offered alternative roles.

In January, Tesco was revealed as one of the winners of the most recent Christmas trading battle, according to an analysis by data firm Kantar, increasing its market share to almost 28 percent during the festive period.

Source: | This article originally belongs to Express.co.uk