Tesco to invest €50m in new stores for Ireland expansion

Tesco Ireland is spending €50 million this year on store upgrades and new openings. The investment will include new stores, ongoing maintenance and large upgrade projects.

In Dublin, two new Tesco Express stores recently opened in Spencer Dock and South Lotts Road, with two further Tesco Express stores opening in Smithfield and Charlemont Square before the end of the year.

“For 25 years, Tesco has been committed to delivering real value to customers and our ambitious development strategy sets us up for the next chapter of investment in our business in Ireland,” said Tesco Ireland CEO Natasha Adams.

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“We are continuously expanding and maintaining our estates, and we are adding new employment with every store opening.

She added: “White Pines, Rathfarnham which opened in February was our first new store in almost four years and has delivered 60 new jobs.

Our Tesco Express model, which will see four stores opening in Dublin this year, is proving very successful in urban settings and reflects evolving consumer demand for greater convenience shopping opportunities in high footfall areas.

“We anticipate these new store openings and with the addition of Joyce’s supermarkets in Galway, we will bring our overall number of stores to 165 this year, which is really good news for our colleagues, customers and the communities in which we operate.”

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