Tesco cuts prices on 222 products at UK convenience stores to compete with Aldi

Tesco has announced price cuts on 222 products at its Express convenience stores across the UK, aiming to compete with Aldi. This move follows research showing that customers pay about 10% more for items at smaller stores compared to larger supermarkets. The price reductions are part of Tesco's extended Aldi-price match scheme. Research indicated that shopping at convenience stores can cost consumers up to 20% more annually, potentially adding £800 to their food bills. The study highlighted significant price differences, with Morrisons Daily showing the highest markups. For example, a pack of Mr Kipling Bakewell Slices costs 54% more at Tesco Express than at larger Tesco stores.