News / News Wire

Unprofitable Cribbs Tesco Homeplus to close

By Bristol24/7  Wednesday Jan 28, 2015

Cribbs Causeway will see its Tesco Homeplus store close in April.

The company is in the process of informing staff at the 43 stores across the country set to close their doors as part of Tesco’s new drive to save money. Tesco Homeplus is the largest of the Tesco stores and includes clothing, toys, games, DVDs and furniture. 

In total, 18 Express, 12 Metro, seven superstores and six Homeplus stores are closing. Nationally, it is expected that there will be around 2,000 jobs lost.

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Chief executive Dave Lewis said: “The decision to close the stores has been exceptionally difficult to take. I recognise it will affect many hard-working colleagues, our customers and local communities.

“Our priority is to explain what this announcement means for our colleagues and, wherever possible, offer them alternative roles with Tesco.”

Along with the closures, 49 planned stores are now not set to go ahead.

 

 

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