Tesco bosses see changing shopper behaviour as inflation bites
Tesco bosses have warned they are seeing “early indications of changing customer behaviour” due to pressure on households from soaring inflation. Ken Murphy, chief executive of the business, highlighted “unprecedented increases” in the cost of living for customers. Mr Murphy said Tesco had seen an increase in shoppers turning to own-label products with staples such as bread, pasta and baked beans as they have sought to reduce their weekly shopping […]