Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Asda, famous for EDLP (EveryDay Low Prices), launched the latest salvo in the UK grocery retail war; a new strategy called EDMP. Presented as part of a package of 12,000 jobs over the next five years. The underlying message was meant for Tesco (TSCO)...
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