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Tesco-owned convenience store operator One Stop has opened its 700 th store. The milestone was reached with the conversion of a former Costcutter store in Ivel Court, Letchworth, Hertfordshire, which re-opened as a company-owned One Stop outlet on 14 November, one of three stores to be opened by the company on that day.
The retailing giant added that One Stop is a separate business with a different supply chain and a separate business model whose stores are typically smaller than those running under the Tesco Express fascia. In total, Tesco said, One Stop and Tesco Express account for 3.5% of the convenience store market. More news.