SUBSCRIBERS
Tesco to close last 6 Homeplus stores in UK
Published Wed, May 13, 2015 · 09:50 PM
London
BRITAIN's biggest retailer Tesco is to close the remaining six Homeplus stores in its home market, bringing the curtain down on the non-food retail business with the potential loss of about 450 jobs.
Tesco said on Tuesday that the stores in Bristol, Bracknell, Nottingham, Denton, Bromborough and Preston will close on June 27.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
WSJ moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue