As the biggest supermarket prepares to unveil impressive profits, smaller grocers will find that falling inflation leaves them with nowhere to hide
As the UK’s biggest supermarket, accounting for more than a quarter of our national food shop, Tesco will shine a spotlight on a rapidly changing grocery market with its annual financial results on Thursday.
With sales expected to rise almost 5% to just under £69bn, Tesco is back in the ascendant, gaining market share as household bills remained under pressure and shoppers looked for bargains.