«Breaking News» Tesco unveils new supermarket Jack's in war with Aldi and Lidl

Tesco has launched its new discount store format called Jack's as it attempts to take the fight to German discounters Aldi and Lidl.

Britain's biggest retailer will open its first two Jack's stores on Thursday in Chatteris, Cambridgeshire, and Immingham, North East Lincolnshire.

Up to 15 stores will open over the next year, with five existing Tesco properties being repurposed and the remainder being new outlets.

Most products will be Jack's own brand and the chain will have 2,600 lines.

Chief executive Dave Lewis, speaking in Chatteris, said: '(Tesco founder) Jack Cohen championed value for customers and changed the face of British shopping.

'He's an inspiration for all of us and that same spirit still drives Tesco now.

Tesco has launched its new discount store format called Jack's as it attempts to take the fight to German discounters Aldi and Lidl

Britain's biggest retailer will open its first two Jack's stores on Thursday in Chatteris, Cambridgeshire (pictured), and Immingham, North East Lincolnshire

Up to 15 stores will open over the next year, with five existing Tesco properties being repurposed and the remainder being new outlets

'It's fitting that today, we mark the beginning of Tesco's celebration of 100 Years of Great Value by launching a new brand, and stores bearing his name: Jack's.'

It comes after the UK's so called Big Four supermarkets - Tesco, Asda, Sainsbury's and Morrisons - have taken a hammering at the hands of Lidl and Aldi.

The German duo have eaten up their market share by offering products at knock down prices.

Tesco is Britain's grocery market leader with a share of 27.4 per cent, while Aldi and Lidl have increased their combined share to 13.1 per cent, according to the Kantar Worldpanel data.

Tesco said that eight out of 10 Jack's food and drink products will be 'grown, reared or made' in Britain and stores will stock an own brand range, also branded Jack's.

It will operate a 'low-cost business model' designed to keep costs low and prices down.

The launch of Jack's is part of Tesco's centenary celebrations which will see the business mark 100 years in 2019. Jack Cohen founded Tesco 99 years ago in 1919.

Tesco chief executive Dave Lewis is pictured posing at a checkout till at the new Jack's store in Chatteris, Cambridgeshire

The launch of Jack's is part of Tesco's centenary celebrations which will see the business mark 100 years in 2019. Jack Cohen founded Tesco 99 years ago in 1919

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https://hienalouca.com/2018/09/19/tesco-unveils-new-supermarket-jacks-in-war-with-aldi-and-lidl/
Main photo article Tesco has launched its new discount store format called Jack’s as it attempts to take the fight to German discounters Aldi and Lidl.
Britain’s biggest retailer will open its first two Jack’s stores on Thursday in Chatteris, Cambridgeshire, and Immingham, North East...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Online news HienaLouca





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