Tesco and Sainsbury's outperform Asda and Morrisons in UK grocery market, growing market share.
Tesco and Sainsbury's gain an edge in the UK grocery market, outperforming Asda and Morrisons in store appearance, product quality, and stock availability. Their financial prowess, low prices, long-term supplier deals, tech investments, and higher wages attract customers. Meanwhile, Asda and Morrisons, burdened with debt and higher operating costs, see their market share drop.
March 11, 2024
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