UK: Tesco turns to grey market for "back to school" bargains
Grocery behemoth Tesco is exploiting the "grey market" in a bid to corner the school wear market, slashing prices of its "back to school" clothes range by up to 35%. Tesco currently controls a small 2.7% of the £2.5bn (US$3.6bn) market, but earlier this year a team was established to source products for the line at the lowest possible prices.
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