Tesco could save 100 Post Offices from closing amid shake up SUPERMARKET giant Tesco could swoop in to save more than 100 Post Office branches from closure.
A Post Office spokesperson said: "We are fully committed to engaging openly and transparently with MPs regarding any potential plans related to our Directly Managed Branch (DMB) network.
The development follows an announcement by Post Office chairman Nigel Railton just months ago that the organisation intended to sell off all its directly owned "Crown" branches.
"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.".
Approximately 99% of Post Office branches are now operated by franchisees, with only 1% of sites being directly managed.
