DeBilde23 Posted January 26, 2015 Share Posted January 26, 2015 Tesco Express is to open on Halifax Road in place of the Mace convenience store at the end of Avisford Road. Just what the area needs. Link to comment Share on other sites More sharing options...
geared Posted January 26, 2015 Share Posted January 26, 2015 They just announced a ton of store closures and the abandonment of nearly 50 developments???? They're back opening new stores again this week?? Some of the stores they have abandoned have already been built, now sit empty. Link to comment Share on other sites More sharing options...
AndrewC Posted January 26, 2015 Share Posted January 26, 2015 Where have you read this DeBilde? Link to comment Share on other sites More sharing options...
kayie Posted January 26, 2015 Share Posted January 26, 2015 not opening at stocksbridge as its a bad area Link to comment Share on other sites More sharing options...
The Joker Posted January 26, 2015 Share Posted January 26, 2015 They just announced a ton of store closures and the abandonment of nearly 50 developments???? They're back opening new stores again this week?? Note they're focussing on Tesco Express stores, which are their most profitable stores, due to the low overheads of running a smaller store, and the higher £/sq foot, due to their legendary ripoff prices. Link to comment Share on other sites More sharing options...
mickey finn Posted January 26, 2015 Share Posted January 26, 2015 Tesco Express is to open on Halifax Road in place of the Mace convenience store at the end of Avisford Road. Just what the area needs. Just what the area needs, an over priced crap hole. Link to comment Share on other sites More sharing options...
scargill Posted January 26, 2015 Share Posted January 26, 2015 They just announced a ton of store closures and the abandonment of nearly 50 developments???? They're back opening new stores again this week?? Some of the stores they have abandoned have already been built, now sit empty. I think you will find that developers built the stores, with Tesco taking a lease on opening the store, it will be the developers that are out of pocket if they cannot get another tenant. Link to comment Share on other sites More sharing options...
geared Posted January 26, 2015 Share Posted January 26, 2015 but Tesco own so much land??? So do they sell land they own to a developer who then builds it and sells/leases it back to Tesco?? Seems like a merry old dance to me. Link to comment Share on other sites More sharing options...
alankearn Posted January 27, 2015 Share Posted January 27, 2015 Makes you smile doesn't it, over the last thirty or forty years the hyper/super markets have forced the closure of the vast majority of the independent grocery/greengrocery shops and now there appears to be a Sainsbury or Tesco convenience store opening up on every street corner in their place. What goes round comes round. Link to comment Share on other sites More sharing options...
scargill Posted January 27, 2015 Share Posted January 27, 2015 but Tesco own so much land??? So do they sell land they own to a developer who then builds it and sells/leases it back to Tesco?? Seems like a merry old dance to me. it is some sort of partnership Tesco Own the land, get a developer on board to build the store, then pay rent for the building in simple terms. Link to comment Share on other sites More sharing options...
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