Retail Analysts Weigh Up Rumoured Tesco Discount Fascia
Following news at the weekend that Tesco is rumoured to be planning a new discount format – Jack's – analysts have speculated on what impact the new banner could have on both the market and on Tesco's internal structure.
According to the The Mail on Sunday, Tesco is planning as many as 60 stores under the Jack's banner, the name of which is said to be a reference to Jack Cohen, Tesco's founder.
Potential locations include London, Cambridgeshire, Lincolnshire and Liverpool, according to the paper.
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