Tesco Direct to cease trading

Tesco Direct to cease trading

UK supermarket Tesco has announced that its non-food website Tesco Direct will cease trading on 9 July, and it intends to close the Fenny Lock fulfilment centre that handles Tesco Direct orders.

In a statement issued yesterday (22 May), the company said: “Despite its best efforts, there is no route to profitability for this small, loss-making part of the business.

“Tesco Direct has faced a number of significant challenges, including high costs for fulfilment and online marketing, which have prevented it from delivering a sustainable offer as a standalone non-food business.”

About 500 staff will be at risk of redundancy as a result.

The company plans to focus its e-commerce on a single online platform, Tesco.com.

Charles Wilson, CEO of Tesco UK & ROI, commented: “We want to offer our customers the ability to buy groceries and non-food products in one place and that’s why we are focusing our investment into one online platform.

“This decision has been a very difficult one to make, but it is an essential step towards establishing a more sustainable non-food offer and growing our business for the future.”

Relevant Directory Listings

Listing image

OPEN PRICER SAS

Price Optimisation for Parcel Networks Open Pricer enables parcel networks to optimise and effectively manage prices to reach profitable growth. We have developed an in-depth knowledge of your business by working with market leaders (DHL Express, FedEx, TNT Express, DPD, etc.). We can help you […]

Find out more

Other Directory Listings

About The Author

Ian Taylor

Ian Taylor is the Editor of Triangle’s Mail & Express Review Magazine and the www.postandparcel.info portal. Ian has been a business journalist for almost 30 years, editing and writing for a wide range of magazines and newspapers with a particular focus on the transport and logistics industries.

Advertisement

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

In the future, what type of food will we see delivered more often through domestic letter boxes?

Thank you for voting
You have already voted on this poll!
Please select an option!



Pin It on Pinterest

Share This