TESCO "plans 100s more discounted brands"
LONDON (Reuters) - Tesco is planning to introduce hundreds more discounted brands over the coming weeks, said The Independent newspaper on Tuesday without citing sources.
The retailer could not be immediately reached for comment.
German budget rival Aldi has achieved its best ever share of the UK grocery market, according to the TNS Worldpanel survey released last week.
Last month, Tesco launched 350 "Discount Brands at Tesco" products, in a bid to fight back at budget rivals that have eaten into its market share.
(Reporting by Ben Deighton, editing by Leslie Gevirtz )
© Thomson Reuters 2009 All rights reserved.
Insider sales not a sell signal
U.S. corporate bosses are likely to sell more of their companies' stock through to the end of the year, but that does not mean share prices have topped. Full Article

UK
US