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Tesco to add about 50 stores in 2012


2012-06-29



Tesco will keep the momentum of its store-opening drive in Poland this year, with capital expenditures projected to reach about PLN 800-850m (€187-199m) in fiscal 2012-2013, Ryszard Tomaszewski, CEO of Tesco Polska, told portalspozywczy.pl.

This means that the retail group plans to add approximately 50 stores to its Polish network in 2012. Last year Tesco opened a total of 51 stores in Poland and remodelled eight hypermarkets.

The retailer plans to refurbish a further four hypermarkets in 2012 and to complete the remodeling of its 60 compact hypermarkets, as well as to invest further in self-service tills, e-labels and energy efficiency improvements.



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