Tesco to open in the premises of previous Prior centre in Prievidza

2010-07-27

Tesco announced that it plans to open an outlet in the basement of the shopping centre Prior in Prievidza. The supermarket is slated to have a GLA of 760 m². This will be the first outlet set up shop by Tesco in a Prior centre outside the capital.
Tesco acquired a part of the Prior chain in the 1990s from the US-based retailer K-mart, which had bought the chain from the Slovak state at the beginning of the 1990s. This year Tesco announced the reconstruction of the Prior chain, which will also be rebranded into the My banner. The Prior supermarkets are department stores: they shelter small stores and a supermarket in the basement, and are based in the city centres. Prior supermarkets are direct competitors for Tesco, which has, however, so far built its stores in regions mostly in peripheral areas in Slovakia, not in the city centres.
Over the past several months, Tesco has launched several Tesco Express outlets in smaller multifunctional complexes or on high-street locations. The retail chain plans to launch several more outlets until the end of the year.