RE: Inflation reducing. Margins could be improving11 Apr 2023 18:57
scb - this is the real reason Tesco wants to cut prices to its suppliers - their profits have dropped.
It comes as Tesco is expected to reveal a drop in profits for the past 12 months, as the supermarket continues to battle rising food and drink inflation.
The same for Boohoo, only for Boohoo, it means their losses have got worse.