News from Wolverhampton that within 3 months of a new Tesco opening, three thriving local businesses were forced to close. The Express and Star reports that the florist, pub and off licence lost thousands of pounds of revenue, and that a local newsagent is likely to close as well. Their income, which would have been spent locally by local business owners, will now shift to Tesco, leave the area and so further damage other local retailers and service providers.
This is more piece of evidence that Tesco does NOT 'help to boost business for local traders', as claimed on their propaganda site www.tescostalbans.co.uk. It also points out a flaw in Tesco's own survey of local businesses - even if a small number think that Tesco would be a good thing, is this worth destroying the livelihood and health of others?
Research shows that on average over 250 jobs are lost when each supermarket opens (including the jobs created at the supermarket) - these are all people like Keith Basudev and his son Christopher, the newsagents in Wolverhampton.
We'd also like to take this opportunity to thank the small local businesses, florists, newsagents and hairdressers among them, who are actively supporting the Stop Tesco! campaign.
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