Mar 01, 2017 09:02 AM EST
Tesco announced on Feb. 27 that it will change the way it runs its Express convenience store to improve the shopping experience of customers and simplify its business. Part of the change will be to replace 1,700 deputy managers to 3,300 new shift leaders that will increase staff numbers by 1,600.
The new structure is part of a program of transformation to meet customer needs and ensure that Tesco manages to keep up with its competitors in the rapidly changing retail industry. It also comes on top of the 1,000 job reductions announced by Tesco last January to cut the number of its distribution centers. Tracey Clements, managing director of convenience at Tesco, aims to have more people on the shop floor more often to help improve the service to customers in its Express stores.
"To help achieve this we are creating more than 3,300 Shift Leader roles which, in turn, means we will no longer have Deputy Managers," he said in a press release statement. "We appreciate that these changes will impact our Deputy Manager colleagues, and will do everything we can to support them throughout this period." Following the announcement, approximately 1,700 deputy managers will begin consultation and will be offered new shift leader positions or alternative roles in other Tesco stores.
Meanwhile, there is a decreasing demand for weekly shops at large out-of-town stores and this has forced UK's supermarket groups to revise plans for expansion. This month saw Waitrose close six supermarkets while removing 700 jobs in the process, along with the removal of 180 department managers in its 350 stores. Tesco, on the other hand, currently operates 1,800 Express stores across the UK. The latest sales figures, which covers the Christmas period up to Jan. 7, show that Tesco sales are up to 0.7 percent in the UK. Tesco also plans to buy the food wholesale group Booker on top of its new management structure.
And the world of NFTs expands far beyond art and collectibles. A new era of tokenized digital assets is being created using the blockchain. Here are seven unique NFT use cases that the interested investor should know.
However, there are some simple steps that anyone can take which will help to improve their performance when it comes to trading foreign exchange markets. Here are ten small things that can make a big difference in your FX trading success.
o prevent significant losses, risk management expertise is essential. His adage, "Rule No. 1: Never lose money," has become a stock market classic. Never forget Rule No. 1; this is Rule No. 2. This practice is followed by even the most successful investor, Warren Buffett, who advises others to follow suit.
One of the significant advancements is shifting the payment operations for remote workers. If the compliances are not met, it may lead to severe legal complications. The owner and organization may be held labially separately. The remote working lifestyle continuously grows and is a testament to becoming an endless working mode. Today we discuss components for payroll for remote workers
BRG International Founder Matias Alem had recognized this fact for a few years. So he remodeled his real estate brokerage into something completely new to solve the problem for his jet-setting international client base.
Ryan Early, hailed as 'Farmer Ryan' among sustainable agriculture experts, is a busy man. He has a laundry list of companies to his name, including Blue-Green Ventures, the company behind the revolutionary product, Blue MagicTM, a non-toxic and eco-sustainable pest preventative product using his patented BiomeMax TM Pheromonal Replication Technology.
Investor, financier, and expert in both cryptocurrencies and blockchain technology, Joy Mbanugo is the go-to in the sector. She has vast experience and knowledge across tax services, auditing, business operations, financial analysis, capital markets, and other specializations.
When Nick Collins was just 14 years old, he started his first business, which included around-the-clock phone calls and numerous questions from his parents. In fact, he began building his stout portfolio in the seventh grade by doing web design, incorporating creative content with brand strategies and plugging in a then-fledgling tech Flash.
Barry Gabster is the founder of InitiateU and is a leading proponent of the marketing mailer revolution, having already taken his company to 10x growth in 2021, alone. In fact, the exponential growth has seen the company rise from $800K-$8.5M just on word-of-mouth referrals.