Connect with us

Hi, what are you looking for?

United Kingdom

Tesco to cuts 4,500 Metro store jobs

Supermarket giant Tesco is to cut 4,500 jobs at 153 high street Metro outlets.

The losses add to the 9,000 the chain warned were at risk earlier this year.

In a statement the company – the UK’s biggest retailer – said the measures were to “simplify and reduce processes and administrative tasks” across all its Metro stores.

Advertisement

It added: “The changes in our Metro stores will be focused on better tailoring them to how our customers shop.

“The Metro format was originally designed for larger, weekly shops, but today nearly 70% of customers use them as convenience stores, buying food for that day.”

Tesco said it had found easier ways to stack shelves, simplify store management structures and introduce more flexible working hours.

It will also be cutting opening hours in 134 of its 1,750 smaller neighbourhood Express stores.

Jason Tarry, the supermarket’s UK and Ireland boss, said: “In a challenging, evolving retail environment, with increasing cost pressures, we have to continue to review the way we run our stores to ensure we reflect the way our customers are shopping and do so in the most efficient way.

“We do not take any decision which impacts colleagues lightly but have to make sure we remain relevant for customers and operate a sustainable business now and in the future.”

The cuts are part of the company’s plan to slash £1.5 billion from its cost base to help rebuild profits.

Comments

Latest Tweets

Advertisement

You May Also Like

United Kingdom

Film director Ridley Scott has recalled the death of actor Oliver Reed while making the Oscar winning blockbuster Gladiator. Scott said hard-drinking Reed “just...

Business

The controversial Russian businessman Viktor Baturin, well-known for his years-long counterstanding with his wealthy sister Elena, widow of Moscow ex-mayor Yuri Luzhkov, is likely...

United Kingdom

The Tremeloes. Dave Munden centre Dave Munden the Tremeloes drummer – and often lead singer – with the 60s chart toppers has died. He...

United Kingdom

The Watneys Party Seven is making a comeback. The ubiquitous 70s beer was a bland fizzing bitter ridiculed by many. The drink’s insipidness helped...