Allegra Stratton: Robocops Tackle Shoplifting
Tesco is predicting better times ahead for shoppers. Our story today shows that Britain’s largest grocer believes it will likely be able to cut prices as inflation eases and bring customers back from cheaper rivals.
Falling prices might feel a fait accompli as inflation slows to its lowest level since 2021, but even if prices are not rising as fast, Tesco and other retailers are still wrestling with higher labor costs including an almost 10% minimum wage increase that started this month.