date:Apr 23, 2014
Britain's biggest retailer Tesco has launched another round of price cuts on basic food products and reduced online shopping charges as it attempts to stem a loss of market share to discounters Aldi and Lidl.
Last week Chief Executive Philip Clarke vowed to win back shoppers with millions of pounds of price cuts after Tesco posted a second straight year of falling profits.
In common with Britain's three other leading grocers - Wal-Mart's Asda, Sainsbury's and Morrisons - Tesco has been hit on