Tesco acquire in Eastcote

The Woolworth's in Eastcote is to close and become a Tesco store. Tesco have acquired the lease, and Woolworth's will cease trading at the end of the month.

The news was announced by a 'closing down sale' notice in the window of the store, but a spokesman for Woolworths issued the following statement: "Woolworths can confirm that it has accepted an offer from Tesco Stores Limited for the lease on its store in Field End Road, Eastcote. The store will cease trading on Saturday 1st November and has been open since 1937."

"Woolworths has said for some time now that, if it is financially right for the company to do so, it will take the opportunity to exit stores. This does not mean there will be widespread store closures. Woolworths expects to close around half-a-dozen stores this year and a similar number in the early part of next year. Woolworths has 817 stores in the UK and over 100 stores in Greater London, including near-by Ruislip, Pinner, and Rayners Lane. These stores are unaffected and will not be closing."

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