Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Tesco To Stop Offering 24 Hour Trading At 76 Stores From March

29th Jan 2016 17:32

LONDON (Alliance News) - Tesco PLC Friday said it will stop offering 24-hour trading at 76 of its UK stores in an effort to improve overnight productivity and product availability.

The supermarket chain said the 76 affected stores will begin closing their doors between 2400GMT and 0600GMT, with stores starting to implement the opening times between March 14 and April 11.

Tesco said the move to reduce hours means its staff will have more time to replenish products on the shelves overnight, which will mean better availability of products and better looking stores when they open their doors to customers each morning.

"It makes much more sense for colleagues at those stores to focus on replenishing the shelves instead and making sure they?re fully stocked when they open their doors at 6am," said Retail Director Tony Hoggett.

"We'll continue to make changes in store in ways that will make shopping at Tesco a better experience for our customers, at the times they want to shop," he added.

Tesco began offering 24 hour trading back in 1996, and currently has around 400 of its stores open 24 hours a day.

Tesco shares closed up 1.7% to 168.95 pence per share on Friday.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


Related Shares:

Tesco
FTSE 100 Latest
Value8,701.99
Change-4.67