11 January 2015 – impacts of change at Tesco

The UK supermarket Tesco announced plans to turnaround declining sales earlier this week. These include the decision to abandon plans for new stores in at least 49 locations, together with closure of unprofitable stores. The Guardian website has graphic photos of what the impact of the abandoned plans will have on the high street in Dartford, Kent where Tesco has put pressure for 11 years to build an 86,000 sq ft store and where demolition of local shops has already taken place – this includes a family butcher that had been operating for 104 years. Theses announcements may have helped Tesco’s share price but the ripples for local communities are much more profound. You can read more here

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