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Tesco Likely To Shut Down Some Stores In Hungary, Newspaper Reports

January 10, 2015: 12:00 AM EST
Tesco could be planning to close as many as 13 smaller stores in Hungary, according to the newspaper Magyar Nemzet. With more than 200 stores in the country, Tesco is the biggest supermarket chain in Hungary and its third-biggest employer. According to the newspaper report, Tesco is likely to close underperforming stores, with most of them located outside Budapest, in February 2015.
Gergely Szakacs, "Tesco may shut 13 smaller stores in Hungary - report", Reuters, January 10, 2015, © Thomson Reuters
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