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This month Tesco signed a deal to rent out the upstairs of its Stockton store to budget gym operator, Xercise4less, as part of its plans to downsize its larger stores.
The Yorkshire-based budget gym chain agreed a partnership with Tesco which will see large-scale gyms created within Tesco stores around the country.
With this latest venture, is there anything Tesco doesn’t or rather, won’t, do?
A quick look on the Tesco website shows that Tesco offers not only groceries and some of the more obvious goods, but also:
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Electricals appliances/ accessories (washing machines, cookers, cameras, tablets etc…)
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Home and garden furniture and equipment
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DIY and car accessories/ equipment
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Sports and Leisure equipment
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Banking
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Mobile phones and contracts
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Insurance
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Travel
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Opticians
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Photography (Posters, mugs etc… can be created)
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Floristry (with Interflora)
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Tesco compare – their own price comparison site
The list feels endless, and with a “cash for unwanted gold” service, there is undoubtedly no end yet in sight.
According to Retail Week, the grocer is already planning to open its restaurant Giraffe into some larger stores, as well as its coffee chain Harris & Hoole.
Tesco is also in talks with Sports Direct with a view to sharing mezzanine space at three of its hypermarkets, forming part of a new strategy to reduce floor space at its bigger stores as demand for many non-food items moves online.
Tesco offers everything you could possible need, as well as much you don’t, all in one place, in store or online, but what are the alternatives if your customers don’t want to be suffocated by the omnipresent supermarket, and what can be a limited choice due to their ever-increasing offering?
A quick look at SnapShop reveals:
Sign up to SnapShop to find the retail life beyond Tesco
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