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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 UK stores that can be turned into a new network of discount stores.
He could start working in September, probably under the name of Jack (in tribute to the founder of the Tesco chain Jack Cohen), while a British affiliate of retailers was trying to register that name as that mark. They pointed out unchanged sources.
Tesco struggled with a decline in sales in previous years. In 2014, he showed his worst results in history. The reason was the pressure exerted by discount chains such as Aldi and Lidl, which made the UK retail market more difficult. However, last year, its economic performance improved thanks to its restructuring function
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