Retail

Tesco 'Discounter' Rumours Lead To More Questions Than Answers: Analysis

By Steve Wynne-Jones
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Just when you thought that the rumour mill had started to slow down a little ...!

The UK retail sector has been all aflutter in the past 24 hours, following reports in The Sunday Times that market leader Tesco is working with Boston Consulting Group on a new brand that would 'match or beat the German discounters' on price.

According to the newspaper, Tesco has even asked a number of its private-label suppliers to sign non-disclosure agreements before contributing to the as-yet-unconfirmed project.

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