Tesco unveils discounter 'Jack's', to open 10-15 stores in 2019
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CHATTERIS, England (Reuters) - Tesco , Britain's biggest grocer, on Wednesday launched Jack's, a new discount format chain named after its founder, to better compete with German discounters Aldi and Lidl, which have been winning market share for a decade.Tesco said the first two stores would open to the public on Thursday at Chatteris, Cambridgeshire, and at Immingham, Lincolnshire, both in eastern England. It will launch 10-15 Jack's stores in 2019. The Jack's stores would sell 2,600 products,..