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Tesco's UK distribution channel, the largest in the country, plans to switch discount stores to better compete with Aldi and Lidl in the domestic market.
Tesco has identified up to 60 stores in the UK, which can be turned into a new network of discount stores.
Tesco could begin operations in September, probably under the name of Jack (in tribute to Tesco's founder, Jack Cohen) of the British distribution chain attempted to register this name as a trademark.
Tesco has struggled with declining sales in recent years. It was the worst of history in 2014
The reason was the pressure of discount chains like Aldi and Lidl, which made the UK retail market more difficult. However, yesterday, its economic performance improved even because of the restructuring
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