This topic contains 1 reply, has 1 voice, and was last updated by Anonymous 6 years, 9 months ago.
- January 10, 2013 at 1:13 pm #32212
Tesco Scraps Expansion Plan
Leading supermarket chain Tesco will not now be building a superstore in Middlewich, Cheshire by expanding its current location.
The grocery retailer has halted plans to triple the size of its Southway store which would have created a possible 150 new jobs.
After a number of revised planning applications and an appeal, the decision taken by the company ends years of doubt for local residents and shops.
The multi-million pound plan would have resulted in around Â£100,000 being spent in the store to improve the retail offering and accessibility.
Tescoâ€™s decision also leaves big questions about what will happen to the development land next to the store which has been left in disorder.
The decision was made after it was revealed that Tesco had withdrawn from the sale of Cheshire East Councilâ€™s share of the current car park which was part of the development land.
Some traders feared the 35,000sq ft store would have dwarfed the high street while others
welcomed it for the prospect of economic regeneration.
It is thought that the Morrisonâ€™s development nearby, which is now nearly at completion, had an impact on Tescoâ€™s decision. The assumption being that they did not want to close the store for redevelopment with the new threat from Morrisonâ€™s.January 17, 2013 at 4:14 pm #35067
Sounds like good business sense to me, if you close for refurbishment/expansion and a rival opens nearby, you may not get your customers back afterwards. However, its a shame for the locals who wont get the new jobs
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