Tesco today (1) announced the opening of its 2,000th Express store in Lion Yard shopping centre, Cambridge.
Tesco first launched the Express format in 1994 with the new, smaller format designed to bring value to more customers in more locations and has now expanded the format with nearly 80 per cent of the UK now within 10 minutes of an Express store.
The new store will create 20 new jobs and serve customers in Cambridge city centre with on- the-go lunch options and dinner for tonight meals.
To celebrate this milestone, Tesco is making a special award from its Community Grants Programme of £2,000 to local charities and will donate 2,000 meals to local schools.
Kevin Tindall, Managing Director, Tesco Convenience, said “This is an exciting milestone for the business as we continue to expand our store network to give us unrivalled proximity to customers looking for an easy and convenient shopping experience.
"Our colleagues in Express do a brilliant job serving their local communities and our growing Express network makes it even easier for customers to find great value in more places.”
The news comes weeks after a study stated that Shoppers who regularly buy groceries from Tesco and Sainsbury’s convenience stores instead of their bigger supermarkets are likely to pay hundreds of pounds more over the course of a year.
According to a study by Which?, consumers buying the same 75 items at Tesco Express, including Anchor Spreadable Butter, a Hovis white bread loaf and own-brand milk, would be spending an extra £15.73 on average a week than those shopping online or at a larger Tesco store.
The watchdog acknowledged that supermarket prices regularly fluctuate, but found steep mark-ups at both Sainsbury’s and Tesco convenience stores on individual items.
Ian Howell
www.asiantrader.biz
