Tesco to open 70 new express stores in growth push
Tesco is stepping up its investment in UK convenience retail, with more than 70 new Tesco Express stores scheduled to open by the end of its 2026/27 financial year.
13 February 2026
13 February 2026
Tesco is stepping up its investment in UK convenience retail, with more than 70 new Tesco Express stores scheduled to open by the end of its 2026/27 financial year.
The European Union has approved new customs rules ending the €150 low-value import exemption, replacing it with a flat €3 duty per item category from 1 July 2026.
If completed, the transaction would transfer all the group’s Romanian activities to Paval Holding, the owners of DIY chain Dedeman.
Cyber risk has become a strategic concern for retail leaders as digital attacks increasingly influence revenue, demand patterns and operational stability.
Vendors have sought assurances that lenders would not assert rights over concession or consignment inventory, or related cash proceeds.
While first-hand growth will remain strongest in action figures and soft toys, these categories face the sharpest substitution risk from second-hand.
Net income increased to $577m from $380m a year earlier.
For the year ending 31 December 2025, gross merchandise volume (GMV) climbed to $378.44bn from $292.27bn in 2024.
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