Tesco Poland extends restructure plans and exits large hypermarkets

At its H1 results presentation, Tesco has shared new detail about the restructure of its Polish operations, its largest business in central Europe.

Tesco closed 62 unprofitable stores in Poland in 2018/19. The restructure continued this strategy by selling 17 sites that included eight of its largest hypermarkets. This disposal of property earned it £156m (€175m) and released value that will contribute to its 2019-20 full year financial performance.

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