Parents who like to save money by shopping online may be interested in a new offering from Tesco, which has been set up to compete with Amazon.
The struggling retailer – which recently recorded its worst profit growth rate since 2005 – will today (April 17th) unveil its new Market Place strategy as it seeks to become a bigger player in the online shopping arena, the Daily Telegraph reports.
Under plans to be revealed by chief executive Philip Clarke, Tesco – which employs 500,000 people globally – will announce it wants to improve its level of service and make its stores "warmer".
However, the biggest change in the way the company operates is the creation of a system on its website that will allow customers to purchase goods from third parties for the first time as it seeks to challenge the market dominance of Amazon.
This is seen as a logical step forward for the retailer, with one insider telling the news source it has an advantage over Amazon because it has the ability to allow purchasers to collect their items in-store.