• About Us
  • Privacy Policy
  • Contact
Mortgage Insurance Center
  • Home
  • Mortgages
  • Health Insurance
  • Home Insurance
  • Life insuranace
  • Finance Laws
    • Banking Laws
    • Assets
    • Interest Rate
    • Loans
No Result
View All Result
  • Home
  • Mortgages
  • Health Insurance
  • Home Insurance
  • Life insuranace
  • Finance Laws
    • Banking Laws
    • Assets
    • Interest Rate
    • Loans
No Result
View All Result
Mortgage Insurance Center
No Result
View All Result
Home Banking Laws

Tesco Tests in-Store Co-Working Space

by Staff
May 14, 2022
in Banking Laws
0
FinCEN May Turn Tech Event Proposals Into Actions
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Tesco, the United Kingdom’s largest grocery chain, is really stretching the idea of the supermarket.

The grocer is running a pilot test of an initiative to bring a 3,800-square-foot flexible working space into a store in South London’s New Malden area in partnership with office space operator IWG, according to a report from The Guardian. Additionally, the space will be on the store’s upper mezzanine and will include 30 co-working spaces, 12 OpenDesks (a more private option), and a meeting room, per The Independent.

“We are pleased to be working with IWG to offer customers the chance to work more flexibly from their local Tesco,” Louise Goodland, head of strategic partnerships at Tesco, said in a statement. “We are always looking to serve our customers and communities better, and we will be interested to see how they respond to this new opportunity.”

This working area reportedly occupies space that used to be taken up by items that consumers no longer buy in brick-and-mortar stores — music and videos, for instance, and electrical items. It is unknown yet whether future such spaces are being planned, although The Guardian reported that it is “thought likely” that, if this location proves popular, the companies will expand their partnership.

“People don’t want to spend hours commuting every day and instead want to live and work in their local communities,” IWG Founder and CEO Mark Dixon said in a statement. “A Tesco Extra in a suburban location, in the middle of a vibrant local community, is the perfect location for flexible office space.”

The news comes as, across continents, grocers leverage their position to expand into additional nonfood categories. These businesses are in a unique position among retailers of getting shoppers in through the door on a regular basis, often multiple times per week, given that food is an everyday need.

By trying out new offerings targeting other parts of shoppers’ day-to-day routines, these supermarkets can build deeper relationships with their customers. PYMNTS research found that businesses that connect with consumers across more pillars of the connected economy — how they work, pay and are paid, shop, eat, bank, travel and have fun, connect with others, stay well and live — have the advantage in today’s competitive marketplace.

Read more: How Consumers Live in the Connected Economy

Take, for instance, supermarket chain Hy-Vee, which operates more than 280 stores across the Midwest. The grocer announced in September that it was partnering with exercise equipment brand Johnson Fitness & Wellness to feature fitness showrooms at select stores, wherein shoppers can try out treadmills, ellipticals, stationary bikes and other equipment.

See more: Hy-Vee Debuts Fitness Showrooms

The same month, Texas supermarket chain H-E-B, which operates hundreds of stores in Texas and Mexico, announced its partnership with retailer James Avery Artisan Jewelry to bring jewelry shops into its stores.

Read more: H-E-B Joins Store-in-a-Store Trend With New Jewelry Shop Partnership

With initiatives such as these, grocers extend their relationship with their shoppers beyond just their food purchasing routines, becoming a more integral part of customers’ lives.

——————————

NEW PYMNTS DATA: THE TRUTH ABOUT BNPL AND STORE CARDS – APRIL 2022

About: Shoppers who have store cards use them for 87% of all eligible purchases — but this doesn’t mean retailers should boot buy now, pay later (BNPL) options from checkout. The Truth About BNPL And Store Cards, a PYMNTS and PayPal collaboration, surveys 2,161 consumers to find out why providing both BNPL and store cards are key to helping merchants maximize conversion.

[ad_2]

Source link

Previous Post

Hdfc Bank Mclr Rate: HDFC Bank hikes MCLR: Check latest loan interest rates

Next Post

Stefanson gets cautioned for breaking election financing laws

Next Post
Stefanson gets cautioned for breaking election financing laws

Stefanson gets cautioned for breaking election financing laws

Popular Posts

Ajanta Pharma : Newspaper Advertisements
Life insuranace

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

by Staff
July 28, 2022
0

Close Provided by: TAIMING ASSURANCE BROKER CO.,LTD. SEQ_NO 4 Date of...

Read more

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

20% interest rate on credit cards! Here’s how to avoid paying those high rates :: WRAL.com

Sens. Murphy, Blumenthal, Colleagues Reintroduce the Behavioral Health Coverage Transparency Act – InsuranceNewsNet

$1 billion in loans still available for agricultural funding in Ohio

How Long Do Car Accidents Stay on Your Record?

Rocket Mortgage Classic Wagers: Pick To Finish Top-10

Load More

Popular Posts

The perks and pitfalls of adjustable-rate mortgages in 2022

by Staff
June 13, 2022
0

Ajanta Pharma : Newspaper Advertisements

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

by Staff
July 28, 2022
0

Propy introduces blockchain title and escrow service

Propy introduces blockchain title and escrow service

by Staff
May 26, 2022
0

Ajanta Pharma : Newspaper Advertisements

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

July 28, 2022

20% interest rate on credit cards! Here’s how to avoid paying those high rates :: WRAL.com

July 28, 2022
Edelweiss General Insurance launches India’s first on-demand, mobile telematics-based comprehensive motor insurance – SWITCH

Sens. Murphy, Blumenthal, Colleagues Reintroduce the Behavioral Health Coverage Transparency Act – InsuranceNewsNet

July 28, 2022

Categories

  • Assets
  • Banking Laws
  • Finance Laws
  • Health Insurance
  • Home Insurance
  • Interest Rate
  • Life insuranace
  • Loans
  • Mortgages

Tags

home loans mortgage personal loan
  • Privacy Policy
  • contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • About Us
  • contact us
  • Home
  • Home 2
  • Home 3
  • Privacy Policy

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.