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Tesco spend say 2% to try to get people to spend money there rather than ASDA. ASDA spend 2% to try to get people to spend there rather than Tesco Net result
by isostatic 8y ago
Tesco spend say 2% to try to get people to spend money there rather than ASDA.
ASDA spend 2% to try to get people to spend there rather than Tesco
Net result - both stores have no change in customer numbers, but an increase in overheads. Therefore they have to charge the customer more to make the same profit.