Tesco 'interested in acquiring axed Post Office branches' as part of franchise model
According to reports, Tesco has shown interest in taking over a selection of Post Office branches that have been discontinued, with the intention of operating them under a franchise model.
Sky News revealed that Post Office chairman Nigel Railton informed MPs earlier this week about the UK's largest supermarket chain's interest in the 108-site Crown Post Office network, as reported by City AM.
WHSmith and the Co-op are already managing numerous post offices across the UK as franchises. The remaining offices, known as Crown Post Offices, are now the focus of Tesco's expressed interest.
The future of the Crown Post Offices has been unce
Recommend
Healthtech start-up bags Europe's largest pre-seed funding round for female founders
2025-03-30 04:23:05
2025-03-30 04:23:05
Thames Water's rescue plan approved by High Court - saving it from temporary nationalisation
2025-03-30 04:23:05
2025-03-30 04:23:05
CTD deal by Topps Tiles sparks competition warning from CMA
2025-03-30 04:23:05
2025-03-30 04:23:05
Historic building in Newcastle signs up three tenants after £1.5m transformation
2025-03-30 04:23:05
2025-03-30 04:23:05
BBC Studios retain contract to produce Cardiff Singer of the World
2025-03-30 04:23:05
2025-03-30 04:23:05
Vitality reports £168k loss despite revenue boost to nearly £1bn in 2024
2025-03-30 04:23:05
2025-03-30 04:23:05
Trainline shares dive as UK government details railway reforms
2025-03-30 04:23:05
2025-03-30 04:23:05
Astrazeneca says it's 'too big' to base CEO's pay packet on FTSE 100 peers
2025-03-30 04:23:05
2025-03-30 04:23:05
Sheffield battery firm seals $7m funding to roll out clean energy tech in Africa
2025-03-30 04:23:05
2025-03-30 04:23:05
College group NCG reports sound finances despite funding clawback
2025-03-30 04:23:05
2025-03-30 04:23:05