Tesco could save 100 Post Office branches from closing in potential takeover deal Tesco is reportedly in the running to save nearly 100 Post Office branches as the state-owned organisation explores moving them to a franchise model.
A spokesperson for the Post Office told the news publication: “We are fully committed to engaging openly and transparently with MPs regarding any potential plans related to our directly managed branch (DMB) network.
According to a report from Sky News, Post Office chairman Nigel Railton told MPs that the supermarket chain was interested in acquiring the directly managed offices.
The meeting between more than 20 MPs and Railton was set up to discuss the fate of the directly managed sites, which comprise a very small part of the wider Post Office network.
We remain committed to engaging with our trade unions over the potential future ownership of our directly managed branches, which are loss-making for us, into March before updating our colleagues who work in these branches on any potential next steps.”.
