Tesco said customers are putting fewer items in their baskets and are switching to cheaper own-brand alternatives as they face “unprecedented increases in the cost of living”.
The UK’s largest supermarket said it had gained market share from the other “big four” chains – Asda, Morrisons and Sainsbury’s – but sales in the three months to 28 May fell 1.5% on the same period last year when the UK was in lockdown.
