Point No 1
The purpose of this development (Opinion)
The Pennine Pets site was advertised some 22 months ago as
suitable for residential or retail scheme such as an Aldi type store. (See
Appendix)
Had Aldi or Lidl or Iceland or similar store acquired this
land and successfully gained planning consent, then the threat to the viability
of the Tesco Metro store would have been severe.
Supermarkets are no longer able to ‘land bank’ and thus the only way Tesco could prevent a competitor
from moving in was to build on the site
themselves.
My view is that the existing Tesco Metro is undertrading (as
are most retail outlets). I know that staff have left and have not been
replaced.
The confidence that Tesco expresses that they can increase
turnover in the new store over the old store by £12million annually is, in my
view, fanciful, especially since only a wider range of convenience goods will
be offered. No comparison goods at all.
Conclusion
I can only conclude that Tesco’s main purpose with this
development is to prevent any other
competitor from building there.
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