Tesco Ireland announces acquisition of Joyce’s Supermarkets
The grocery retailer increases its network of stores in Ireland with the acquisition of 10 Joyce’s supermarkets.
Tesco Ireland has today announced the acquisition of ten Joyce’s Supermarkets retail stores based in Galway.
The supermarkets currently operate under the Joyce family’s independent brand and subject to CCPC approval, will be rebranded and designed as Tesco stores throughout 2022 on a phased basis. The stores will offer Tesco’s branded and own-brand products and will include a range of services and supports such as Grocery Home Shopping, Click & Collect, F&F clothing and homeware, as well as the Tesco Community Fund.
Joyce’s’ employees in these stores will be welcomed as colleagues of Tesco Ireland where they will be supported to continue and grow their careers at Tesco.
“We have carefully considered the opportunity and are very pleased to pass our business on to an established brand in Tesco that promotes quality and excellence across its business, and which has an established presence in the Irish market,” said Pat Joyce, Managing Director of Joyce’s Supermarkets.
Since Tesco first entered the Irish market in 1997, it has continued to grow its store footprint - investing in communities nationwide, leading the market in online grocery retail, and expanding its distribution network around Ireland. This acquisition will mark the first significant investment by Tesco in a portfolio of stores in the Republic of Ireland during that time.
