Tesco Ireland says it will spend more than €50 million this year on new stores and refits of its existing outlets, as it targets further growth in the Irish market.

According to today’s Irish Independent, in addition to the €50 million capital expenditure budget for 2022, Tesco is also preparing to rebrand nine of the 10 Joyce’s supermarkets that it recently bought in Galway. It has agreed to offload one of those stores, in Oranmore on the outskirts of the city, to gain approval for the transaction from the State regulator, the Competition and Consumer Protection Commission.

The new chief executive of Tesco Ireland, Kerry-born Natasha Adams, who returned from the UK in April to run its unit here, has promised more growth in the Irish market.

 

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