By Robert Sutherland Smith | Thursday 9 January 2014
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.
Today’s Christmas period trading statement from Tesco (TSCO) was pretty awful and worse than that from Sainsbury’s (SBRY) yesterday.
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