Tesco scraps plans to build 49 'larger' supermarkets

Tesco has scrapped plans to build 49 new 'larger' supermarkets as it announced it would slash its capital expenditure budget by half to £1billion in 2015/16 According to the AJ's sister title Construction News, the 49 sites across the country amount to 168,000m² of planned space that...

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Bibliographic Details
Published in:The Architects' Journal 2015-01
Main Author: Mair, Lucy
Format: Article
Language:English
Subjects:
Capital expenditures
Retail stores
Online Access:Get full text
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Summary:Tesco has scrapped plans to build 49 new 'larger' supermarkets as it announced it would slash its capital expenditure budget by half to £1billion in 2015/16 According to the AJ's sister title Construction News, the 49 sites across the country amount to 168,000m² of planned space that will no longer be built out.
ISSN:0003-8466