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Tesco, Sainsbury's slide as Asda says overhaul will dent profits

Published by Michele Maatouk on 14th March 2025

(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the business "firing on all cylinders again" that will "materially" dent its profits.

URL: http://www.digitallook.com/dl/news/story/34944329/...

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