2023 in review: 8 stories that rocked retail this year
Retail Gazette
DECEMBER 21, 2023
Soaring food prices put the grocers under the spotlight and, despite the wafer-thin margins they operate on, execs from Tesco, Sainsbury’s, Asda and Morrisons were hauled in front of MPs to investigate whether the sector was profiteering from the cost-of-living crisis. Food and drink inflation rose to 19.1%
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