Tesco Raises Customer Offers in Asda Price War, Telegraph Says
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Tesco Plc, the U.K.’s biggest supermarket company, this week will promise to pay customers double the price difference on products that are cheaper at Wal-Mart Stores Inc.’s Asda, the Sunday Telegraph reported.
Tesco will also announce 200 million pounds ($322 million) of new price cuts, the Telegraph said, citing the retailer.