Business Irish

Thursday 19 September 2019

Tesco opens new €30m store in Dublin

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Ellie Donnelly

Ellie Donnelly

Tesco yesterday opened its biggest store in Ireland with the creation of 175 new jobs.

The €30m environmentally-friendly store is located in Dublin's Liffey Valley.

The majority of the jobs have been recruited locally, and the additional employment brings to over 13,000 the total number of people employed by Tesco in Ireland.

"Tesco Ireland is really committed to ensuring that our stores play a big part in local communities," Andrew Yaxley, Tesco Ireland chief executive, said.

"We are very proud that the vast bulk of the 175 jobs at this Liffey Valley store are going to local people."

The store is part of a €70m national store investment from Tesco in Ireland this year, and comes on the back of increasing sales in the Irish market.

In Tesco's last financial year its sales in Ireland, including fuel, rose 3.6pc to €2.57bn, helped by its "competitive price position", according to the retailer.

The Irish unit posted like-for-like sales growth, excluding fuel, of 2.7pc, according to the results released in April.

Tesco is again vying to be the biggest grocery retailer in Ireland, where it has 150 stores, a position it had held for more than a decade until it yielded it in 2014.

The new store is a highly carbon-efficient design, which includes in-built energy-saving measures, advanced lighting, heating and cooling systems and waste recycling facilities.

The store features 60,000 sq ft of shopping space and more than 440 car parking spaces for customers.

Retail units at the new store include Tesco Mobile, Vision Express, Costa Coffee, and health food company Holland & Barrett.

Irish Independent

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