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UK'S Tesco set to offer office space rental

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Tesco, Britain's biggest retailer, has tied-up with office rental firm IWG so that people can use their local supermarke­t as an office.

The deal with Tesco is part of IWG'S plan to add 1,000 new locations to its global network this year as POST-COVID-19 demand for hybrid working accelerate­s.

It will see excess space at Tesco sites converted into office areas, allowing people to work either side of doing their shopping.

The firms said yesterday a trial will start in mid-may at the supermarke­t group's Tesco Extra store in New Malden, south London.

Located on the store's upper mezzanine level, some 3,800 square foot of space will contain 12 desks with privacy options, 30 co-working spaces and a meeting room. Businesses and individual­s will have access to Wi-fi and an in-store cafe.

IWG, which trades as Spaces and Regus, said prices will range from 93 pounds (US$115) for a five day a month membership to from 216 pounds for a full month.

Customer feedback will be assessed ahead of a possible broader roll-out across the UK.

"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," Louise Goodland, Tesco's head of strategic partnershi­ps said.

IWG'S founder and CEO Mark Dixon said creating new locations in suburban areas was "a response to the growing demand we are seeing from customers who want to live and work locally.”

Tesco has other partnershi­p deals with firms including fast food group Greggs, sportswear retailer Decathlon, Pets at Home, health food retailer Holland & Barrett and opticians Vision Express.

The group is also building Urban Fulfilment Centres (UFCS) to fulfil online orders using automated technology in stores that have sufficient excess space.

Tesco's partnershi­p with rapid delivery firm Gorillas also uses excess warehouse space to fulfil orders.

 ?? AFP/VNA Photo ?? A sign board outside a Tesco supermarke­r. A new deal will allow customers to rent office space.
AFP/VNA Photo A sign board outside a Tesco supermarke­r. A new deal will allow customers to rent office space.

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