FinancialAdvice.co.uk Logo

Qualified advisers answering your
Financial Questions
call 0800 092 1245

Is Tesco experimenting with prices?

There is speculation in the supermarket sector that Tesco has been experimenting with price increases across a host of different products. There would appear to be evidence that certain products have increased gradually in price as the company looks to find a level at which demand is maintained and profitability is improved. Despite no official comment from the company the rumours continue to grow and indeed more and more people are stepping forward with their own evidence from the shop floor.



This comes at a time when UK consumers have more than ever been looking for bargains and deals across the UK supermarket sector. It is also noticeable that Tesco has of late fallen behind other leading supermarkets with regards to recent sales expansion. Has the rumoured price experiment backfired? Will Tesco return to the top in the short term?



There's no doubt that Tesco is the strongest supermarket company in the UK and while short-term performance may well be at a lower level compared to other companies, the long-term situation and position of the group remains relatively unchanged. This is a company which attracts millions upon millions of customers each and every day and is looking to introduce new services and new products on a regular basis. Tesco is the most proactive and reactive company in the UK and its domination of the UK supermarket sector is likely to continue for some time to come.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:



Latest News

Blogs

Helpful new tax year facts that could affect you and your money


Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.


Read more

Useful Links

Popular Searches

Please Enter More Details

 
Enter More Details
Continue