Tesco is stepping up its fight with Aldi and Lidl by introducing a new discounter format: Jack’s
Tesco Group CEO Dave Lewis has opened Tesco’s first cut-price outlet under the new Jack’s banner in the Cambridgeshire town of Chatteris. This is the first of an anticipated 10-15 initial Jack’s outlets planned for the next six months, with an aim of reaching 60 by the end of next year. This move is viewed by many as Tesco’s attempt to challenge the growth of two leading discounters in the market, Aldi and Lidl.
So, as part of our launch coverage, we have selected some of our key insights from our Retail IQ platform which will help you understand the latest developments and find growth.
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Proximity/Convenience Retailing Workshop
Location: London, UK | Start Date: October 23, 2018 | End Date: October 23, 2018
Explore the Path to Growth via Convenience and Proximity in 2019. Multi-format retailers are connecting with today’s time-poor shoppers through Express and Convenience formats. As a result Proximity retailing has seen incredible expansion and innovation. For suppliers finding the right path to growth requires a renewed understanding of the financial levers and negotiation strategies unique to Proximity. Join Kantar Consulting for a deep dive into this channel and come away with tangible action plans to help you win.
If you would like to find out more about Tesco’s new format and how we can help you switch on growth please contact us