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Friday 15 December 2017

Tesco sales dropping

Supermarkets

SUPERMARKET chain Tesco saw its sales decline worsen over the last four weeks, hurt by the lowest market growth in a decade.

Data from market researcher Kantar Worldpanel showed Tesco's sales in the UK fell 3.8pc year on year in the last three months, with its market share dipping to 28.9pc from 30.3pc.

Last week, Tesco ditched chief executive Philip Clarke and issued its second profit warning in two years.

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