Tesco Pledges More Price Cuts After Bonanza Profits

Daily Mail (April 21, 2004)

Author: Lucy Farndon

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Summary

TESCO'S fighting talk and fabulous profits suggest there is little danger it will lose its edge.

The UK's biggest supermarket chain is 'looking to steal a march' on rivals Morrison and Asda by cutting prices ever further. It sees 'plenty of scope' for cuts for another few years at least.

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Extract

Tesco Pledges More Price Cuts After Bonanza Profits

Finance director Andrew Higginson brushes off fears of a tougher market now Morr...

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