Streaming Now
Facebook

Commissioners say Tesco takeover brings uncertainty for local areas

Wed, 11 Oct 2023

By Emma Draper - Local Democracy Reporter
By Emma Draper - Local Democracy Reporter
Local authorities around the Island have been reacting to the news that Tesco is taking over Shoprite on the Isle of Man.
 
The retailing giant has bought all nine stores in a deal which is believed to put around 60 jobs, predominantly at head office, at risk.
 
Tesco is said to have taken 21-year leases on the premises around the Island but it’s led to questions about how much Manx produce will be stocked.
 
Peel Commissioner Hazel Hannan says, due to her previous experience in government as agriculture minister, she’s worried about what it could mean for farmers.
 
And Rob Cowell, from Ramsey Commissioners, says Shoprite has been in the town for ‘decades’ supporting various good causes.
 
He believes change is inevitable:

Media

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed