About 2,000 jobs are at risk after Tesco revealed the identities of the 43 unprofitable stores that are set to close as part of new chief executive Dave Lewis’s efforts to revive the embattled grocer. The retailer said it would be closing 30 convenience stores – 18 Express outlets and 12 inner-city Metro shops. They have also abandoned 49 sites where they were set to build new stores in the future. This is all in an effort to rebalance Tescos costs and try and make the organisation a leaner more profitable one. There are currently 2,614 Tesco stores in Britain, a figure that increased by 37 during the previous 12 months.
Tesco Turnaround
Tesco Turnaround
