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> went wrong with Tesco?

They blew £1.5 bn trying to expand into China, and £1.8 bn trying to expand into the usa.



also in the UK people are getting poorer and turning from fairly low-end Tesco to discount retailers like Aldi/Lidel.


well there's also slightly upmarket food stores like Waitrose, Marks & Spencer, Peckhams, Co-operative which seem to be spreading

Lidl/Aldi just seems like a new business model which we didn't really have before




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