As expected, Tesco has unveiled its discount store concept today. It will be called as ‘Jack’s’, named after the company’s founder Jack Cohen. The initial details are as follows: 1. This new store is touted to be cheapest in the town. 2. 10-15 new stores will be opened over the next six months. 3. 2,600 products will be sold (vs 20,000 in a typical Tesco store). Out of the total, 1,800 would be Jack’s-branded items. 4. As much as 80% of the products will be grown
19 Sep 2018
Tesco taking the bull by the horns
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Tesco taking the bull by the horns
Tesco PLC (TSCO:LON) | 291 -0.9 (-0.1%) | Mkt Cap: 20,490m
- Published:
19 Sep 2018 -
Author:
Nishant Choudhary -
Pages:
2
As expected, Tesco has unveiled its discount store concept today. It will be called as ‘Jack’s’, named after the company’s founder Jack Cohen. The initial details are as follows: 1. This new store is touted to be cheapest in the town. 2. 10-15 new stores will be opened over the next six months. 3. 2,600 products will be sold (vs 20,000 in a typical Tesco store). Out of the total, 1,800 would be Jack’s-branded items. 4. As much as 80% of the products will be grown