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Tesco's deal shows how supermarkets in UK must evolve or perish

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Published Sun, Jan 29, 2017 · 09:50 PM

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    TESCO plc's £3.7 billion (S$6.6 billion) plan to buy Booker Group plc shows how Britain's supermarkets must adapt to survive in a grocery industry that has changed beyond recall.

    With traditional, one-size-fits-all store models under pressure from discounters and online competition, Tesco wants to become the country's undisputed food champion.

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