In a bid to reduce its portfolio of smaller stores Tchibo intends to dispose of almost half of them.
The German business, which sells coffee, operates cafés and retails a broad range of merchandise within them, including housewares, is reported to be getting rid of 33 of its 73 outlets as it concentrates on its larger outlets.
It also has over 200 concessions in Somerfield and Sainsbury’s stores, is looking to extend its business through supermarkets. The company also produces weekly and monthly catalogues and has a transactional website.
Tchibo changes its non-food stock every week, building merchandise around themes, half of which are homewares-related.