Tesco is to grant space to gym operator Xercise4Less in its Stockton-on-Tees store, according to reports.
The gym operator will take over some 31,910 sq. ft of space on the mezzanine level of Tesco's 120,000 sq. ft store in Stockton-on-Tees.
The deal was brokered by UK retail property advisors Morgan Williams, and comes in a bid to downsize retail space at some of Tesco's larger stores.
The new in-store gym will be branded 'Xercise4Less at Tesco' and will offer membership rates starting from £9.99.
Commenting on the new use for in-store space, Tesco corporate affairs manager Doug Wilson said, "As part of our plans to make our Stockton store an even better retail destination for our customers, we are delighted to partner Xercise4Less in this exciting new venture." (3 July)
© 2013 - ESM: European Supermarket Magazine by Ellen Lunney
