Tesco has sold 22 stores in the Czech Republic to local food retailer Hruska.

“We have agreed to sell 22 small stores in northern Moravia to Hruska,” a Tesco spokesperson told just-food (20 December).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The UK retail giant said the outlets were acquired when it snapped up the Czech chains Zabka and Koruna from Slovak financial group Zabka in 2011.

Financial details were not disclosed as the transaction is subject to the approval of the Czech competition authorities.

Tesco started trading in the Czech Republic in 1996. According to its corporate website, it has 376 outlets in the country. Its turnover in the year to 23 February were GBP1.37bn.

Tesco’s sales in the Czech Republic fell 4.9% in the retailer’s third quarter, which ran to 23 November. In the first half of the financial year, Tesco’s Czech sales were down 6.9%.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now