Business
Chamber Wants to See Tesco Support Local
President Kristan McDonald was responding to the sale which was announced yesterday.
The Chamber of Commerce has welcomed Tesco’s commitment to operate the nine stores it has bought from Shoprite, but wants to see it work with local suppliers.
President Kristan McDonald was responding to the sale which was announced yesterday.
One of the major concerns that has become clear from islanders is the potential impact the sale will have on local suppliers which sell products through Shoprite.
Kristian said: ‘For generations the owners, management team and staff at Shoprite have been at the heart of the island’s community. During that time the business has been a major employer, and supported the local economy by choosing to partner with many on-island suppliers and service providers – so we understand why this news is of great concern to the business and wider community.
‘As always, Chamber is here to offer whatever support we can to members – including Shoprite and the company’s suppliers – who are affected by this news. Looking ahead, we welcome the new owners’ long-term commitment to operate the nine stores under the Tesco brand – and to support the local food and drink sector. Chamber is keen to see partnerships with IOM businesses continue as Tesco moves forward.’
