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Tesco is fighting a cost-cutting battle it can't win.

Aldi and Lidl are undercutting Tesco by around 30% for the same (or better) quality goods.

Why would anyone go back to Tesco to pay that much more? At least Waitrose provide a nice customer experience (free newspaper, free coffee, better environment, better staff).

Does Tesco actually have a place any more?

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