Tesco to shut down 6 stores in 2015

British retailer Tesco plans to close six stores and lay off workers in Poland due to poor results. Tesco is undergoing restructuring in many markets, including Great Britain, the Czech Republic or Hungary, according to Polish daily Rzeczpospolita. The company closed four supermarkets at the end of February, in Kudowa-Zdrój, Legionowo, Bydgoszcz and Ostrowiec Świętorzyski. The next two, in Gniewo and Nowe, will be shut down at the end of March. As many as 56 employees will be laid-off or relocated to work in different Tesco stores. Tesco reported a revenues decline of 2.5 percent in Q4 2014 year-on-year and a decrease of 2.4 percent in Q3 2014 y/y.