Chatteris has been dealt a blow after Tesco has confirmed it is shelving plans to open a £22 million store in the town.
Chief-executive of the supermarket chain Dave Lewis broke the news in a letter to Fenland District Council leader John Clark today (Thursday, January 8).
Last September, the company announced it was mothballing the store, which was due to open in November with the prospect of 250 jobs, due to falling profits.
The firm is now looking for an alternative tenant for the Chatteris unit
District council leader John Clark is now seeking a meeting with the firm to see what their intentions are.
A statement from Mr Lewis says: ““It is with a heavy heart that I am today announcing that we are unable to proceed with 49 planned new store developments across the UK, including our planned store in Chatteris.
“Our performance as a business has fallen significantly short of where we would want it to be and my absolute imperative has to be to protect the future of our business for the c. 300,000 colleagues we employ in communities all over the UK.“
“I know that this news will be a real disappointment to many people in the local community and we’re extremely grateful for the support we’ve received for our plans. I am very aware of the importance of the site to the local area and I am determined that we will work closely with Fenland District Council to find the right solution for the local community.”
Mr Clark said: “We are extremely disappointed by this news. I am seeking an urgent meeting with Tesco to find out precisely what their intentions are.”