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Most of you, sadly, are missing the point of this altogether.

Tesco is losing so much trade to Aldi and Lidl that it has no choice but to cut its costs.

If it doesn't, it will lose more and more to Aldi/Lidl, and eventually it will go the way of Woolworths. My money is on Aldi - Tesco has a business model built firmly on past history, and it's in a sad state of decline. Why would anyone want to shop there and pay 30% more than Aldi for no reason?

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