Good on Tesco (From Penarth Times)

Good on Tesco

9:56am Thursday 1st May 2008

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I FOR one am truly delighted that Tesco is opening in the Washington Buildings in Penarth.

The decision will add to the price competition with the local Co-op and Spar - all to consumer benefit.

It all fits in with Tesco's long-term business strategy which I believe is to continue to open more "out of town" large Tesco Extra stores, whilst at the same time closing many of their medium-size stores.

The existing Cogan Stores fits that criteria - so I think it will almost certainly close in the near future.

However don't be surprised if, when Asda opens their Leckwith superstore, that they close Cardiff Bay giving Tesco the perfect opportunity to open a Tesco Extra.

Whatever happens, retailing is all about choice, and Tesco's smaller stores, like their new Penarth Tesco Express, will save many people from having to use their car - which is environmentally friendly as well as healthy living.

Mike Collins The Esplanade Penarth

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