A GLASGOW Tesco store is set to close after reportedly making a loss on one of its flagship sites in the city.
Paul Sweeney, a Glasgow MSP, said on Twitter that negotiations between the supermarket giant and its landlord had broken down over the future of its Parkhead site.
READ MORE: Tesco slammed over 'Saheliya Glasgow eviction move'
More bad news for Glasgow's East End today as @Tesco announce the closure of their Parkhead store in a year's time due to it being loss making. Tesco have attempted to negotiate a smaller floorspace but the landlord won't agree. I have offered my assistance in these discussions.
— Paul Sweeney MSP (@PaulJSweeney) July 9, 2021
It is not yet known how many jobs would be at risk in the event of closure.
Mr Sweeney said the store brought in less money than it spent.
READ MORE: Glasgow's Maryhill Tesco in cash gift to North United Communities
He added: "The closure of the Parkhead Tesco is yet further devastating news for workers in the East End.
"It has been particularly disappointing to learn that Tesco have tried to negotiate a smaller store footprint but this has met with resistance from the landlord.
"I have offered my assistance to Tesco in finding a way to maintain a footprint in the area."
Tesco confirmed it had told its landlord, the Forge Retail Park Unit Trust, it would not be renewing its lease.
It's another blow for the East End of the city after we revealed that around 500 jobs were facing the axe at the Tollcross McVitie's factory.
A major campaign has been launched to save the imperilled site.
A spokesman for Tesco said: "We have taken the difficult decision to serve notice on the lease of Glasgow Parkhead Forge Extra. We realise this will be unsettling for our colleagues and customers.
“We remain in conversations with the landlord to explore alternative options which will allow us to continue to serve the local community.”
A spokesman for the landlord said: "We have been in discussions with Tesco for a number of months and looked at different options to keep them at the site, including offering a smaller store footprint, which we have always said we would be happy to accommodate.
"We look forward to continuing negotiations to find a solution that works for everyone.”
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel