ABU DHABI/AD MEDIA OFFICE UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed …
Read More »Tesco UK sales drop as cost of living weighs on shoppers
Bloomberg Tesco Plc said shoppers are buying fewer items and trading down to cheaper own-brand versions of staples in an “incredibly challenging†market hit by the worst inflation in 40 years. Britain’s biggest supermarket chain reported a greater-than-expected 1.5% decline in comparable UK sales in the first quarter, in fresh evidence of how rising prices are changing shopping behaviour. “Inflation …
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