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Tesco warns on lower profit as supermarket price battle heats up

Tesco warns on lower profit as supermarket price battle heats up

Fonte: Retail Gazette

Tesco has warned that its profits will dip in the year ahead as the UK’s competitive supermarket price war intensifies, alongside rising UK taxes and increased pressure from price-sensitive customers. For the 52-week period ending 22 February, the grocery giant reported a 10.6% rise in group adjusted operating profit to £3.13bn.

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