Oct 4, 2023
Tesco doing all it can to lower prices, boss says
Tesco is trying to "Lower prices wherever we can" as customers grapple with cost of living pressures, the UK's biggest supermarket chain has said. The pace of rising food prices will continue to slow this year, easing the pressure on households, its boss Ken Murphy said. Global food prices surged after Russia's invasion of Ukraine last year, driving up the cost of a weekly shop. Supermarket customers have been switching to own-brand products for the past few years to try to cope with rapidly rising prices. Tesco said customers were "Treating themselves at home" with own-label premium products and had been switching to Tesco from premium retailers to save money.
Related companies
Make a complaint about Tesco by viewing their customer service contacts.
