Tesco CEO: we will not leave CEE

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John Allan, the chief executive at Tesco Group assured portalspozywczy.pl web portal that the authorities of the retailer are not considering selling more assets, meaning the businesses in the CEE, including Poland.

The current goal of the retailers is to grow on the markets where it currently operates, Allan said. Nevertheless, he pointed out that if certain circumstances occur, the group may make change its mind.

Recently, the British press suggested that due to severe competition Tesco was planning to sell assets in the CEE region, the Polish media reported that it has already shut down its stores in cities such as Bydgoszcz, legionowo, Ostrowiec Świętokrzyski, Kudawa-Zdrjów, and Nowe.

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