May 22, 2018
Tesco Direct to close in renewed focus on food
Tesco is to close its loss-making Tesco Direct general merchandise business in another sign of tighter focus on food and less emphasis on side-projects initiated by the group's previous management. The website, which sells items including toys, consumer electronics and household goods, will cease trading on July 9 and the fulfilment centre that handles Tesco Direct orders will close. "Tesco remains committed to bringing a compelling range of general merchandise to its customers, both in-store and online at Tesco.com." The decision will have little financial impact, but it is one of the first major moves by Charles Wilson, the former Booker chief executive who became head of Tesco in the UK and Ireland earlier this year. Tesco Direct was revamped in 2011 to allow third-party retailers to sell their wares over the Tesco platform.
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