19 Apr 2017
Tesco today announces the sale of its opticians business in the UK and Republic of Ireland to Vision Express in a move to further simplify its business and serve its shoppers better.
Tesco Opticians currently operates in 206 stores across the UK and three stores in the Republic of Ireland, as well as online. It employs approximately 1,500 colleagues, all of whom will be covered by TUPE legislation to transfer into Vision Express following a consultation process.
The disposal is subject to regulatory approval by the Competition and Markets Authority in the UK.
Commenting on the disposal, Matt Davies UK and ROI CEO, said:
“This allows us to further simplify and strengthen our UK business and ensures our customers are still able to enjoy high quality eye care services from Vision Express in our larger stores. Our priority now is to work with our colleagues and support them through this change.”
Source : Tesco